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Property profile & analytics
FOR SALE
Office Spaces

362 Colonial Rd Rogersville, TN 37857

6,080 SF 0.42 ac lot Built 2009
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-1045318
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2009
Total area 6,080 SF
Lot 0.42 ac (18,295 SF)
Zoning code M-1
APN 037101 19002
UPID US80-1045318
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jessica Owen · 2 yrs held
Jessica Owen
since 2024
4 recorded transactions
2024
Price N/A
2013
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M-1 · Rogersville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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.

Zone name Industrial
General category INDUSTRIAL
Zone area 201.05 ac
Source Realmo
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