Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1161 S Cumberland St Morristown, TN 37813

    For Sale
    $279,900

    Business - Morristown, TN

    Type:Business
    Lot size:
    0.37 Acres
    Days on Market:
    161
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 1161 S Cumberland St

    General Information

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

    Utilities

    Heating system
    Wall Furnace

    Building Details

    Year built
    1938
    Architectural style
    Other

    RE/MAX Between the Lakes-Dandridge (865) 397-8990 [email protected]

    Listing agent Kenny A. Seal (865) 397-8990 License #280623

    Listing date Jun 28, 2025

    MLS# 703741 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

    Retail Opportunity in Morristown, TN

    This retail property is located on South Cumberland Street in Morristown, Tennessee. The 0.37-acre lot is fenced and has access to city water, sewer, and natural gas. The property is situated beside a Sonic restaurant and is currently being rented, presenting an opportunity for immediate rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Roberts Auto Sales Used Car Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.28335
    Latitude
    36.202363

    Nearby Similar for Sale

    • $649,900
      2,682 SF

      Tennessee Land with Two Homes

      31+ acres with two homes near Morristown, Tennessee.
      2840-2830 Robinson Creek Rd, Morristown, TN 37813
      View Details
    • $649,900
      31.66 Acres

      Tennessee Farm with Mountain Views

      31+ acre farm featuring two homes and mountain views.
      2840-2830 Robinson Creek Rd, Morristown, TN 37813
      View Details
    • $649,900
      31.66 Acres

      31-Acre Morristown Land with Homes

      31+ acres with two homes near Morristown, Tennessee.
      2840-2830 Robinson Creek Rd, Morristown, TN 37813
      View Details
    • $327,000
      0.26 Acres

      Morristown Commercial Space For Sale

      Turnkey commercial space in Morristown, TN, ready for new business.
      316 Beech St, Morristown, TN 37813
      View Details
    • $268,000
      0.87 Acres

      Morristown Duplex with Income Potential

      Duplex near downtown Morristown, TN, with income potential.
      1987 Joe Stephens Rd, Morristown, TN 37814
      View Details
    • $399,900
      2,280 SF

      Morristown Brick Duplex Investment Property

      Well-maintained duplex in the heart of Morristown, Tennessee.
      510 S Liberty Hill Rd, Morristown, TN 37813
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Retail property for sale with utilities and fenced lot.
    Where is this individual retail property located?
    The property is located at 1161 S Cumberland St Morristown, TN.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: - Great opportunity on South Cumberland.; - City water, sewer, and natural gas connections available.; - Located beside Sonic.
    (865) 397-8990
    Request Owner's contact information
    1161 S Cumberland St Morristown, TN 37813
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1161 S Cumberland St
    Morristown, TN 37813
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1161 S Cumberland St Morristown, TN 37813
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.