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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4382 Roane State Hwy Rockwood, TN 37854

    • Commercial real estate
    • 16.06 lot acres
    For Sale
    View listing
    $695,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1024661
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 4382 Roane State Hwy

    Lot size
    16.06 lot acres
    Property type
    Commercial real estate
    APN
    056 009.01

    Description

    This exceptional 16.06-acre commercial land parcel, located at 4382 Roane State Hwy in Rockwood, Tennessee (zip code 37854), presents a unique investment opportunity. The property boasts a substantial 143,000 square foot concrete pad, ready for immediate development. Its strategic location adjacent to Roane State Community College, with its approximately 6,000 students and a 72,000 square foot Expo Center, offers significant potential for a variety of commercial ventures. The C2 zoning allows for diverse uses, maximizing flexibility for future development plans. The property features multiple access points and all utilities are readily available on-site. The parcel is identified by APN 056 009.01 and is currently owned by Starpoint Development LLC. An unrestricted center median turning lane provides convenient access. This prime location, combined with the existing infrastructure, makes this a highly attractive opportunity for investors seeking a versatile and well-positioned commercial property in a growing area. The asking price for this exceptional property is $895,000. Lease options are not available at this time.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rockwood
    County
    Roane
    State
    Tennessee
    Longitude
    -84.62498252
    Latitude
    35.87606363

    Comparable in this City

    • $40,500
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      Wooded Lots Near Flat Rock

      Spacious 1+ acre lots near interstate, motorsports park, and airport.
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    • $45,900
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      Wooded Lots Near Flat Rock

      Spacious wooded lots near interstate, Flat Rock Motorsports Park, airport.
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    • $93,000
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      Rockwood, TN Land For Sale

      3.42 acres in gated community near Watts Bar Lake.
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    • $110,000
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      Rockwood Land with Mountain Views

      Large lot with partial clearing and lake and mountain views.
      Vis Rdg Ct, Rockwood, TN 37854
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    • $34,999
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      Rockwood Vacant Land in Gated Community

      Mostly level lot in Grand Vista Bay, near clubhouse and boat ramp.
      245 New Hope Rd, Rockwood, TN 37854
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    • $164,900
      2.35 Acres

      2.35-Acre Waterfront Lot in Rockwood

      2.35-acre Watts Bar Lake lot with water views.
      Thief Nck Dr, Rockwood, TN 37854
      View Details

    Similar Nearby for Sale

    • $45,900
      1.08 Acres

      Wooded Lots Near Flat Rock

      Spacious wooded lots near interstate, Flat Rock Motorsports Park, airport.
      Airport Rd, Rockwood, TN 37854
      View Details
    • $40,500
      1.24 Acres

      Wooded Lots Near Flat Rock

      Spacious 1+ acre lots near interstate, motorsports park, and airport.
      Lower Rockwood Rd, Rockwood, TN 37854
      View Details
    • $93,000
      3.42 Acres

      Rockwood, TN Land For Sale

      3.42 acres in gated community near Watts Bar Lake.
      W Mountain Dr, Rockwood, TN 37854
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    • $42,900
      0.74 Acres

      Rockwood, TN Land with Lakeviews

      Easy build lot with lake views in gated community.
      Star Ln, Rockwood, TN 37854
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    • Contact for pricing
      1.20 Acres

      Rockwood Land with Lake Access

      1.2 acre lot with lake access in Rockwood, Tennessee.
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    • $39,999
      0.96 Acres

      Rockwood, TN Land in Grande Vista Bay

      0.96 acre lot with mountain views in gated community.
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    Similar Nearby for Lease

    • $2,000 /Mo
      17,250 SF

      Fenced Outdoor Storage Area Available

      Fenced laydown/outdoor storage area for lease with additional open space.
      4760 Roane State Hwy, Rockwood, TN 37854
      View Details
    • $4 SF/Yr
      247,460 SF

      Rockwood Industrial Space Available

      Large warehouse, ideal for distribution.
      425 Gateway Ave, Rockwood, TN 37854
      View Details
    • Contact for pricing

      Retail Hub in Rockwood, TN

      Retail space in high-traffic area near Interstate 40.
      1494 North Gateway Ave, Rockwood, TN 37854
      View Details
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    4382 Roane State Hwy
    Rockwood, TN 37854
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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