3600 Main St Jasper, TN 37347
- Retail space
- 17,650 SF
- 1.68 lot acres
Current Use by Public Records
- Martin's Fireworks - Jasper / Fireworks Store
- Badcock Home Furniture &more / Furniture Rental Service / Furniture Store
Property Details for 3600 Main St
- Year built
- 2006
- Construction
- FRAME
- Lot size
- 1.68 lot acres
- Property size
- 17,650 SF
- Property type
- Retail space
- APN
- 058119D B 03702
- APU
- 058119DB03702
Description
This exceptional 16,368-square-foot retail building, located at 3600 Main St in Jasper, Tennessee, presents a unique investment opportunity. Built in 2006 and renovated in 2019, this single-tenant property sits on 1.68 acres of land and boasts 36 parking spaces. Previously utilized as a grocery store and more recently a furniture store, the building offers a versatile, adaptable layout suitable for a wide range of commercial uses. The property features a spacious interior, ideal for customization to meet specific business needs. Its prime location in a high-traffic area of Jasper ensures excellent visibility and accessibility, attracting a substantial customer base. The building is zoned commercial and benefits from three-phase power. Property taxes are $0.54 per square foot. This is a chance to acquire a well-maintained, strategically located commercial space with significant potential for growth and return on investment. The building's history as a successful retail operation speaks to its inherent strengths and the potential for future success. The one-story structure offers ample space and flexibility, making it an attractive option for entrepreneurs and investors alike. Don't miss this chance to own a piece of Jasper's thriving commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,130,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,070,000
- 6.5%
- $1,260,000
- 7%
- $1,115,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,390,000
- Geo Method
- $1,125,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,045,000
- Retail
- $1,315,000
- Mixed-Use
- $1,390,000
- Hospitality
- $1,360,000
- Educational
- $1,230,000
- Residential Income
- $1,365,000
- Energy
- $1,355,000
- Income-Based Land
- $1,325,000
- Food Service
- $1,260,000
Location Insight
- Map
- Local Demand
- City
- Jasper
- County
- Marion
- State
- Tennessee
- Longitude
- -85.6365
- Latitude
- 35.0679
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
