4529 Highway 127Crossville, TN 38555

Property Details for 4529 Highway 127

Year built

1981

Lot size

0.33 AC

Property size (Sq ft)

832 SF

Property type

Retail space

APN

018074 04701 001

APU

1807404701001

Description

This unique Crossville, Tennessee property offers a compelling investment opportunity. The asking price is $939,000 for a combined office building and charming three-story cottage situated on over ¾ of an acre along Hwy 127 N, just over half a mile from Interstate 40. The 775 square foot office building features a half-bath and rubber roofing, with potential for multiple offices, and sits adjacent to a 24x30 garage with electricity and a storage shed. The cottage, built in 1948, boasts four bedrooms and two full bathrooms, a full basement with washer/dryer hookups (appliances included), a formal dining room, cozy kitchen, and a massive bonus area upstairs. The main level features a family room with carpet, and two bedrooms share a full bath. Upstairs, two more bedrooms share a second full bath. A covered deck off the upstairs master bedroom offers city views. The property benefits from high visibility, near a gas station, Dunkin' Donuts, Dollar General, and Shoney's, and backs up to pastureland. Both the cottage and office building have separate septic systems, with the potential for connection to city sewer at a minimal cost. The shingled roof and hot water heater were replaced in 2021. The seller is open to negotiating the inclusion of existing vacuum business inventory with the office building. Buyer to verify all information.

• CAP approach

  CAP return

  Valuation

  6%

  $258,678

  6.5%

  $238,780

  7%

  $221,724

• Comparable approach

  Method

  Valuation

  Relative Method

  $341,522

  Geo Method

  $408,971

• Alternative Use

  Use

  Valuation

  Residential

  $201,420

  Hospitality

  $184,499

  Educational

  $153,501

  Medical

  $158,781

  Retail

  $238,780

Location Insight

City

Crossville

County

Cumberland

State

Tennessee

Latitude

36.0093

Longitude

-85.0453

CBSA code

18900

CBSA name

CROSSVILLE, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].