Property summary
This exceptional Class A storefront property, located at 240 Cornerstone Dr in Jasper, Tennessee, presents a unique investment opportunity. The 3,600 square foot building, constructed in 1998 and renovated in 2021, sits on a spacious 2.72-acre lot and offers ample space for a variety of commercial uses. Currently vacant, this single-unit property is zoned for commercial use and boasts a desirable location, providing easy access to major transportation routes. Its strategic position offers convenient access to Chattanooga (30 miles), Nashville (120 miles), and Atlanta (130 miles), making it an ideal location for businesses seeking to reach a wide customer base. The asking price is $795,000, translating to $220.83 per square foot. The property's versatility, combined with its prime location and recent renovations, makes it an attractive investment for entrepreneurs and businesses seeking to establish a presence in a thriving community. The property includes two buildings, each one story high. This is a for-sale-by-owner opportunity. The property's size and location offer potential for expansion and customization to meet specific business needs. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a rapidly growing area.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
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Construction Company General Contractor
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Construction Company General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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