1300 Shellmound Rd Jasper, TN 37347
For Sale
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This exceptional 14,000-square-foot industrial property, located at 1300 Shellmound Rd, Jasper, TN 37347, presents a compelling investment opportunity. Boasting a desirable C2 zoning, this mixed-use facility combines distribution and warehouse space with potential for industrial retail, offering significant flexibility for diverse business ventures. Built in 1990, the property sits on a substantial 24-acre lot, providing ample room for expansion or future development. Currently vacant, this asset offers immediate potential for lease income generation. The asking price is $3,500,000, translating to $250 per square foot. The property's strong location, just three miles from the river and offering one of the best interstate locations in Tennessee, promises excellent accessibility and logistical advantages. A noteworthy 10% capitalization rate underscores the significant return on investment potential. This property is privately owned and offers broker co-op opportunities. The property's size, location, and high cap rate make it an ideal acquisition for investors seeking strong returns in the Tennessee market. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.