700 Central Ave LaFollette, TN 37766
This exceptional 11,848 square foot creative office building is situated on a 1.35-acre lot at 700 West Central Avenue in LaFollette, Tennessee, zip code 37766. Offered at $849,000, the property boasts a price per square foot of $71.66. The building's versatile layout makes it ideal for a variety of uses, including daycare centers, medical offices, veterinary clinics, salons/med spas, and funeral homes. The property is owner-occupied and presents a significant opportunity for business owners seeking a substantial and adaptable space. In addition to the purchase option, an annual lease of $84,900 is also available. This prime location in LaFollette offers excellent visibility and accessibility, making it an attractive proposition for a wide range of businesses. The property is ready for immediate occupancy and presents a unique chance to establish or expand your business in a thriving community. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.