Property profile

700 Central Ave LaFollette, TN 37766

OFF-MARKET
Office Spaces
Property ID
US80-1674150
11,848 SF 1.35 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Total area 11,848 SF
Lot 1.35 ac (58,806 SF)
UPID US80-1674150

Cap rate & NOI

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

Location

700 Central Ave LaFollette, TN 37766
LaFollette metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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