Property profile

305 River Dr LaFollette, TN 37766

OFF-MARKET
Office Spaces
5,688 SF Built 2007
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Property summary

AI-generated overview

This exceptional 5,688 square foot Class B office building in LaFollette, Tennessee, is available for $1,200,000 ($210.97/sq ft). Located at 305 River Dr, this single-story, 2007-built property boasts a convenient location, minutes from Interstate 75 and Highway 25W. Currently vacant, the building offers versatile space ideal for various uses, including medical, dental, or executive offices, classrooms, or even a funeral home. Previously a dialysis clinic, the layout features a large front lobby, spacious patient/working area, and ample storage. Three HVAC systems ensure climate control throughout, complemented by a building-wide sprinkler system. Parking is abundant with 27 spaces, including two handicapped-accessible spots. The building offers five exterior doors, including a commercial automatic sliding glass front door. The roof underwent inspection in 2022, and the property features high-voltage wiring and updated circuit breakers. Zoned for commercial use, this property presents a compelling investment opportunity for owner-occupancy or leasing to a new tenant. Its excellent condition and versatile design make it a highly desirable asset in a prime location. The building sits on a commercially zoned lot in Campbell County, TN, zip code 37766.

Property profile

Verified
Property type Office Spaces
Year built 2007
Total area 5,688 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

305 River Dr LaFollette, TN 37766
LaFollette metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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