207 Central AveLaFollette, TN 37766

  • Retail properties
  • 6,975 SF
For Sale
$460,000 View listing

Property Details for 207 Central Ave

Year built
2008
Construction
FRAME
Lot size
0.40 AC
Property size (Sq ft)
6,975 SF
Property type
Retail properties
Property subtype
Auto shops
APN
085O E 00800
APU
085OE00800

Description

This exceptional 7,000 square foot industrial property in LaFollette, Tennessee, presents a lucrative investment opportunity. The steel building boasts 13 to 17-foot clear span ceiling heights and is intelligently divided into two separately metered tenant spaces. Space 1, encompassing 2,250 square feet, features two 15x14 roller shutter doors and heated boat/RV storage. Space 2 offers a substantial 4,750 square feet of office/warehouse space, complemented by 1,250 square feet of retail/office area with a full-height glazed storefront, ideal for maximizing visibility and attracting customers. The property benefits from a prime location near popular retail establishments including Sonic, Stockyard BBQ, Smith Ace Hardware, Raging Axes, and The Royal Lunch, ensuring high foot traffic and convenient access for tenants and customers. Strong demographics further enhance the property's appeal, with a 3-mile radius population of 9,287 and an average household income of $63,504. The 5-mile and 10-mile radius demographics show even greater potential with populations of 19,202 and 33,510 respectively, and average household incomes reaching $68,516. This versatile property is perfect for a variety of uses and offers significant potential for rental income and appreciation. The asking price is $460,000, translating to $65.71 per square foot. Located at 207 W Central Ave, LaFollette, TN 37766, this property is ready for immediate occupancy.

207 Central Ave, LaFollette, Tennessee

Location Insight

City
La Follette
County
Campbell
State
Tennessee
Latitude
36.3796
Longitude
-84.1235
CBSA code
28940
CBSA name
KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$28,000
$121,000
$149,000
-
$70,000
$302,500
$372,500

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