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Property profile & analytics
FOR SALE
Office Spaces

121 Joe Ave Hohenwald, TN 38462

2,650 SF 0.63 ac lot Built 1993
Property ID
US80-1114783
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1993
Total area 2,650 SF
Lot 0.63 ac (27,443 SF)
UPID US80-1114783
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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