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    104 Burke St Newport, TN 37821

    For Sale
    $379,900

    Business - Newport, TN

    Type:Business
    Lot size:
    0.53 Acres
    Days on Market:
    107
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 104 Burke St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Lot size
    0.53 Acres

    Utilities

    Heating system
    Space Heater

    Building Details

    Year built
    2005
    Architectural style
    Other

    MASON REALTY COMPANY (423) 623-1235

    Listing agent Richard Foust (423) 623-1235 License #375436

    Listing date Aug 23, 2025

    MLS# 708791 Listing URL

    Copyright © 2025 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Road Front Commercial Property For Sale

    This road front commercial property, totaling 0.53 acres, is located on the corner of Cosby Hwy (Hwy 321) and Burke St in Newport, TN. The property consists of two lots, identified as Lot#1 in Deed Book 1352, Page 624 and Lot#2 in Deed Book 1121, Page 246. The location is suitable for any business, benefiting from a traffic count exceeding 24,000 vehicles daily, according to TDOT.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Southland Auto Sales Used Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Cocke
    State
    Tennessee
    Longitude
    -83.196885
    Latitude
    35.956912

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    FAQs

    What type of property is this?
    Commercial land - Commercial property suitable for any business with high traffic count.
    Where is this commercial land located?
    The property is located at 104 Burke St Newport, TN.
    What is the asking price?
    The asking price for this property is $379,900.
    What are key features of this property?
    This property features: - High traffic count: Over 24,000 vehicles daily.; - Road front commercial property on Cosby Hwy (Hwy 321).; - Corner lot location at Cosby Hwy (Hwy 321) and Burke St.
    (423) 623-1235
    Request Owner's contact information
    104 Burke St Newport, TN 37821
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    Newport, TN 37821
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    104 Burke St Newport, TN 37821
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