Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    260 Tva Rd Jasper, TN 37347-6926

    • Grocery and convenience stores
    • 12,578 SF
    • 17.47 lot acres
    OFF-MARKET
    Value Estimations
    $1,425,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-2036909
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • McDonald's / Restaurant / Take-out & Catering
    • Subway / Take-out & Catering
    • Love's Travel Stop / Parking Lot & Garage / Gas Station
    • Speedco Truck Lube and Tires / Auto Repair Shop
    • CAT Scale / Parking Lot & Garage / Gas Station

    Property Details for 260 Tva Rd

    Year built
    2013
    Construction
    FRAME
    Lot size
    17.47 lot acres
    Property size
    12,578 SF
    Property type
    Grocery and convenience stores
    APN
    058131 02005
    APU
    5813102005

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,620,000
      6.5%
      $1,495,000
      7%
      $1,390,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,141,000
      Market price range: $545k - $1.14M
      AI Estimate
      $1,644,000
      Market price range: $545k - $1.64M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,205,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jasper
    County
    Marion
    State
    Tennessee
    Longitude
    -85.583
    Latitude
    35.0364
    CBSA code
    16860
    CBSA name
    CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $49,630
    $964,360
    $1,358,920
    $2,323,280
    -
    $2,410,900
    $3,397,300
    $5,808,200

    Comparable in this City

    • Value Estimation by Request
      2,044 SF

      4814 Main St

      GROCERY, SUPERMARKET • 2,044 SF
      4814 Main St, Jasper, TN 37347
      View Details
    • Value Estimation
      $1,250,000
      11,010 SF

      520 Tva Rd

      GROCERY, SUPERMARKET • 11,010 SF
      520 Tva Rd, Jasper, TN 37347-6927
      View Details
    • Value Estimation by Request
      1,662 SF

      404 Betsy Pack Dr

      GROCERY, SUPERMARKET • 1,662 SF
      404 Betsy Pack Dr, Jasper, TN 37347-3347
      View Details
    • Value Estimation by Request
      1,624 SF

      6838 Hwy 41

      GROCERY, SUPERMARKET • 1,624 SF
      6838 Hwy 41, Jasper, TN 37347-7119
      View Details
    • Value Estimation by Request
      3,722 SF

      205 Main St

      GROCERY, SUPERMARKET • 3,722 SF
      205 Main St, Kimball, TN 37347-5641
      View Details
    • Value Estimation by Request
      3,702 SF

      13 Courthouse Sq

      RETAIL STORES (PERSONAL SERVICES) • 3,702 SF
      13 Courthouse Sq, Jasper, TN 37347-3531
      View Details

    Similar Nearby for Sale

    • $349,000

      Highway Retail Building For Sale

      3200 SF retail building on a corner lot.
      6451 Highway 41, Jasper, TN 37347
      View Details
    • $450,000
      0.39 Acres

      Waterfront Lot in Crown Harbor

      Waterfront lot in Crown Harbor with lake access and amenities.
      Edgewater Way, Jasper, TN 37347
      View Details
    • $110,000
      0.57 Acres

      Jasper Highlands Mountain Top Land

      Residential land in gated community with amenities, near Chattanooga.
      Volunteer St, Jasper, TN 37347
      View Details
    • $350,000
      1.85 Acres

      Jasper Highlands Brow Lot

      1.85-acre brow lot with mountain views in Jasper Highlands.
      421 Whiskey Way, Jasper, TN 37347
      View Details
    • $89,000
      0.88 Acres

      Land in Jasper Highlands

      Residential land in gated community with mountain views and amenities.
      Waterwheel Way, Jasper, TN 37347
      View Details
    • $85,000
      0.93 Acres

      Jasper Highlands Land Bargain

      Residential land in gated Jasper Highlands community with numerous amenities.
      320 Waterwheel Way, Jasper, TN 37347
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,600 SF

      Retail Space in Kimball Crossing

      Retail space available in Kimball Crossing with high visibility.
      525 Kimball Crossing Dr, Kimball, TN 37347
      View Details
    • $29 SF/Yr

      Restaurant Space Near Interstate I-24

      Restaurant property for lease near I-24 in Kimball, Tennessee.
      354 Kimball Crossing Dr, Kimball, TN 37347
      View Details
    • $7 SF/Yr
      16,368 SF

      Jasper Retail Opportunity

      16,368 SF Retail Building, Jasper, TN
      3600 Main St, Jasper, TN 37347
      View Details
    • Contact for pricing
      2,000 SF

      Professional Office Suite in Jasper

      2,000 SF office suite on Main Street, Jasper, TN.
      502 Westfield Pl, Jasper, TN 37347
      View Details
    • Contact for pricing

      Kimball, TN Commercial Land Opportunity

      Prime 0.97-acre lot, I-24 visibility.
      545 Main St, Jasper, TN 37347
      View Details
    • Contact for pricing

      Land with Interstate Visibility

      Commercial land available for rent with high visibility.
      300 Kimball Crossing Dr, Kimball, TN 37347
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    260 Tva Rd
    Jasper, TN 37347-6926
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!