207 W Central Ave La Follette, TN 37766
For Sale
1 / 2
This exceptional 7,000 square foot industrial property in LaFollette, Tennessee, presents a lucrative investment opportunity. The steel building boasts 13 to 17-foot clear span ceiling heights and is intelligently divided into two separately metered tenant spaces. Space 1, encompassing 2,250 square feet, features two 15x14 roller shutter doors and heated boat/RV storage. Space 2 offers a substantial 4,750 square feet of office/warehouse space, complemented by 1,250 square feet of retail/office area with a full-height glazed storefront, ideal for maximizing visibility and attracting customers. The property benefits from a prime location near popular retail establishments including Sonic, Stockyard BBQ, Smith Ace Hardware, Raging Axes, and The Royal Lunch, ensuring high foot traffic and convenient access for tenants and customers. Strong demographics further enhance the property's appeal, with a 3-mile radius population of 9,287 and an average household income of $63,504. The 5-mile and 10-mile radius demographics show even greater potential with populations of 19,202 and 33,510 respectively, and average household incomes reaching $68,516. This versatile property is perfect for a variety of uses and offers significant potential for rental income and appreciation. The asking price is $460,000, translating to $65.71 per square foot. Located at 207 W Central Ave, LaFollette, TN 37766, this property is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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.