362 Colonial Rd Rogersville, TN 37857
For Sale
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This exceptional Class A commercial property, located at 362 Colonial Rd, Rogersville, TN 37857, presents a compelling investment opportunity. The 5,000 square foot building, constructed in 2018, seamlessly blends executive office space with flexible industrial capabilities. The layout includes approximately 3,000 square feet dedicated to modern office space and 2,000 square feet of warehouse area, providing versatility for a range of businesses. Its M1 zoning allows for diverse commercial uses, enhancing its appeal and potential return on investment. Situated in the thriving Rogersville area, this property benefits from convenient access to major transportation routes, making it an ideal location for companies seeking a strategic and easily accessible base of operations. The contemporary design and layout offer a functional and adaptable space, easily customizable to meet specific business needs. The asking price for this prime commercial real estate is $515,000. This property represents a rare opportunity to acquire a high-quality, versatile commercial space in a desirable location. Its modern features, flexible zoning, and strategic location combine to create a compelling investment prospect with significant growth potential. Don't miss this chance to secure a thriving business location in the heart of Rogersville, Tennessee.
It is the intent of this district to establish industrial areas along with open areas that will likely develop in a similar manner. The requirements established in the district regulations are designed to protect the essential characteristics, to promote and encourage industrial, wholesaling, and business uses and to discourage residential development.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Rogersville, TNIt is the intent of this district to establish industrial areas along with open areas that will likely develop in a similar manner. The requirements established in the district regulations are designed to protect the essential characteristics, to promote and encourage industrial, wholesaling, and business uses and to discourage residential development.
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.