Property profile

6451 Highway 41 Jasper, TN 37347

FOR SALE
Retail space
Property ID
US80-1641585
3,870 SF 0.49 ac lot Built 1973
Individually Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 6451 Highway 41 in Jasper, Tennessee, presents a compelling investment opportunity. The 3,200 square foot building sits on a highly visible 0.5-acre corner lot, providing excellent exposure to a substantial volume of daily traffic on a busy US Highway. Its strategic location offers convenient access to Interstate 24, enhancing its appeal to a wide range of potential businesses and significantly increasing its market value. The property's versatility allows for diverse commercial applications, making it an ideal choice for entrepreneurs seeking a prominent location with high visibility. The ample square footage provides flexibility for various business layouts and operational needs. The building's condition and specific features would need to be assessed during a property inspection. Given its prime location and substantial size, this property is well-suited for a variety of commercial ventures. The high traffic count and proximity to Interstate 24 ensure a steady stream of potential customers. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. This is a rare opportunity to acquire a well-positioned commercial property in a growing area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Total area 3,870 SF
Lot 0.49 ac (21,344 SF)
APN 058120 05203
UPID US80-1641585

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6451 Highway 41 Jasper, TN 37347
Jasper metro Census 50201 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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