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Property profile & analytics
OFF-MARKET
Office Spaces

117 Pierce Rd Jacksboro, TN 37757-4009

4,860 SF 1.31 ac lot Built 1968
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US80-2678956
Property summary
AI-generated overview

This exceptional 5,000 sq ft Class B office building, situated on a 1.31-acre lot in Jacksboro, Tennessee (zip code 37757), presents a compelling investment opportunity. Built in 1968 and extensively renovated in 2019, the property boasts two buildings, each single-story, offering a total of 5,600 net rentable square feet. The versatile layout includes 11 rooms, 3.5 bathrooms, and a two-car garage with ample storage. Two laundry areas cater to diverse needs, while a separate office, kitchen, and bath with its own exterior access and patio provide additional flexibility. Multiple separate entrances enhance convenience. The property also features five 10'W x 12'T storage units. Zoned for Industrial/Office use, this property is ideally located just two minutes from I-75, ensuring easy access and high visibility. Currently used as a residence, the property's adaptable design makes it suitable for a wide range of business ventures, promising strong rental income or a thriving business location. This is a rare opportunity to acquire a well-maintained, versatile property in a prime location with excellent access to major transportation routes.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1968
Total area 4,860 SF
Lot 1.31 ac (57,064 SF)
APN 119 01200
UPID US80-2678956
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
Current use
Occupant on record · Public records
  • Bloomin Bud's Indoor Growin Landscaping Garden Center
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Herbert R Graves · 11 yrs held
Herbert R Graves
since 2015
5 recorded transactions
2015
$90,000
2014
$80,100
2012
Price N/A
2012
$100,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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