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Property profile & analytics
OFF-MARKET
Office Spaces

141 Odd Fellows Cemetery Rd Rockwood, TN 37854-5005

10,842 SF 2.33 ac lot Built 1960
Individually Owned 5-yr Hold Free & Clear
Property ID
US80-1707562
Property summary
AI-generated overview

This exceptional 2.33-acre property in Rockwood, Tennessee, presents a rare redevelopment opportunity. The site encompasses two solid brick buildings totaling approximately 14,000 square feet, offering significant potential for various uses. Currently vacant with utilities disconnected, the property features a fenced lot with two entrances and a circular driveway. The existing structures, with their untouched dimensions, could be repurposed into a multifamily complex, potentially accommodating up to 20 units, or adapted for other commercial ventures. Alternative uses could include a gym, daycare center, charter school, nursing facility, or self-storage facility. This Class D, single-story building is listed at $250,000 and presents a unique chance to acquire a substantial property with considerable upside. The property's history as a school complex adds to its character and appeal. Further information regarding zoning and permitted uses can be obtained from Rockwood City Planning. Bring all offers. APN: 055G A 001.01.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,842 SF
Lot 2.33 ac (101,495 SF)
APN 073055G A 00101
UPID US80-1707562
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mary Vasaka · 5 yrs held
Mary Vasaka
since 2020
Last sale
$26,050
4 recorded transactions
2020
$26,050
2020
$9,540
2013
$27,100
2003
$1,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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