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    Property profile & analytics
    FOR LEASE
    Retail space

    3600 Main St, Jasper, TN 37347

    17,650 SF 1.68 ac lot Built 2006
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US80-0605265
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2006
    Construction FRAME
    Total area 17,650 SF
    Lot 1.68 ac (73,181 SF)
    APN 058119D B 03702
    UPID US80-0605265
    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
    • Martin's Fireworks - Jasper Discount Store Party Supply Store
    • Badcock Home Furniture &more Home Decor Store Department Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.20M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.10M
    Blend (final) Blend
    $1.25M
    Owner & transaction history
    James U Rust IV · 4 yrs held
    James U Rust IV
    since 2022
    Last sale
    $1.3M
    4 recorded transactions
    2022
    $1.3M
    2019
    $715,000
    2007
    $915,000
    2005
    $225,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.7M +50.4%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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