456 Main StCrossville, TN 38555

Property Details for 456 Main St

Year built

1965

Lot size

0.87 AC

Property size (Sq ft)

9,019 SF

Property type

Office properties

Property subtype

Other office properties

APN

018100K A 00700

APU

018100KA00700

Description

This exceptional 9,000 square foot office building, located at 456 North Main Street in Crossville, Tennessee (zip code 38555), presents a unique investment opportunity. Situated on a 0.87-acre lot at a signalized corner intersection near I-40 Exit 317, this property boasts excellent visibility and accessibility. The two-story building, constructed in 1965, features three suites and offers ample parking (31-75 spaces). The property is zoned commercial and has three-phase power. Previously occupied by a diverse range of professional businesses, including a law firm, title company, and mortgage company, this versatile space is suitable for various uses. The entire 9,000 square feet is currently vacant, providing a blank canvas for a new tenant. The property's location between Nashville and Knoxville, in the rapidly growing Crossville market, ensures high traffic and excellent signage opportunities. Flexible lease terms of 3-5 years are available, along with tenant build-out incentives. The property's APN is 100K A 007.00. This is a rare chance to secure a prominent commercial space in a thriving Tennessee market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,907,558

  6.5%

  $1,760,823

  7%

  $1,635,050

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,469,105

  Geo Method

  $1,759,246

• Alternative Use

  Use

  Valuation

  Residential

  $2,183,420

  Hospitality

  $2,000,001

  Educational

  $1,663,977

  Medical

  $1,721,204

  Retail

  $2,588,409

Location Insight

City

Crossville

County

Cumberland

State

Tennessee

Latitude

35.9542

Longitude

-85.0297

CBSA code

18900

CBSA name

CROSSVILLE, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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