121 Joe Ave Hohenwald, TN 38462
For Sale
1 / 27
This exceptional 2,650 square foot brick office building presents a fantastic investment opportunity in Hohenwald, Tennessee. Situated on a 0.63-acre lot, the property boasts 3,200 square feet of paved parking, providing ample space for clients and staff. Previously used as an eye doctor's clinic, this versatile building is ideally suited for a variety of uses, including medical clinics, retail stores, or general office space. Its convenient location near Walmart ensures high visibility and accessibility. The building features one full bathroom and three half bathrooms. A significant advantage is the new 30-year roof, minimizing future maintenance costs. The property's prominent position on Highway 412 offers excellent visibility for potential businesses. Furthermore, an adjacent 0.41-acre lot is available for purchase separately for $55,000, or for a discounted price of $49,900 if purchased concurrently with the main building. This presents a unique opportunity to expand the property or develop additional space. The asking price for the 2,650 square foot building is $349,900. Don't miss this chance to acquire a well-maintained, strategically located commercial property in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.