312 Grv St, Loudon, TN 37774-1222
This exceptional investment opportunity presents two executive office suites totaling 1,810 square feet, situated on a 0.42-acre lot in the heart of historic downtown Loudon, Tennessee. The property, located at 312 Grove St, Loudon, TN 37774, includes two well-maintained suites, each featuring approximately 900 square feet of space, a back storage room, and a bathroom. Built in 1925 and renovated in 1982, the single-story building sits on a lot that also encompasses an additional 0.24 acres of vacant land, ideal for employee or customer parking. The property is zoned C-1, offering flexibility for continued office use or conversion to retail space. The combined annual property taxes for both parcels are $1,647. This property benefits from its proximity to other thriving businesses such as The Shoppes on the Square, Angie's Kitchen, Greer's Home Furnishings, Serendipity Boutique, and Sons of Smoke BBQ. Floor plans are available. The asking price is $359,000, translating to $198.34 per square foot. Currently occupied, please do not disturb tenants. This is a rare opportunity to acquire a versatile property in a desirable downtown location with significant potential for growth and return on investment.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Loudon, TNLoudon. Always verify with local authorities before improvements.
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.