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Property profile & analytics
OFF-MARKET
Mixed-use properties

Highway 41 Jasper, TN 37347

7,520 SF 0.87 ac lot Built 1973
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents two adjacent commercial properties situated on a combined 0.87-acre lot on Highway 41 in Jasper, Tennessee. Each parcel boasts its own separate commercial building, offering significant flexibility for potential buyers. The combined square footage of both buildings totals 7,520 square feet, providing ample space for a variety of commercial ventures. The properties are ideally suited for an investor seeking to expand their portfolio or an entrepreneur looking to establish multiple businesses in a high-traffic location. The strategic positioning on Highway 41 ensures excellent visibility and accessibility for customers. The sale includes both parcels and buildings, offering the unique advantage of purchasing them together or separately, catering to diverse investment strategies. This presents a rare chance to acquire a substantial commercial holding in a thriving Tennessee market. The buildings' current configurations and potential uses are open to interpretation, allowing for customization to suit specific business needs. This prime location and the dual-building setup create a compelling opportunity for significant return on investment. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property. The asking price for the entire property is $715,000.

Property profile
Verified
Property type Mixed-use properties
Year built 1973
Total area 7,520 SF
Lot 0.87 ac (37,897 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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