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    Property profile & analytics
    OFF-MARKET
    Retail space

    240 Cornerstone Dr, Jasper, TN 37347-3343

    3,840 SF 2.72 ac lot Built 1998
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US80-0767369
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1998
    Total area 3,840 SF
    Lot 2.72 ac (118,483 SF)
    APN 058107 06616
    UPID US80-0767369
    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
    Current use
    Occupant on record · Public records
    • Thrift Store new and used Discount Store
    • Marion County Metals Construction Company General Contractor
    • Marion County Metals and Exteriors Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Pamela S Neeley · 3 yrs held
    Pamela S Neeley
    since 2022
    Last sale
    $25,000
    3 recorded transactions
    2022
    2015
    1992
    $25,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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