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    2 Morelock Rd Morristown, TN 37814

    For Sale
    $400,000

    Unimproved Land - Morristown, TN

    Type:Unimproved Land
    Lot size:
    3.60 Acres
    Days on Market:
    87
    Last Refresh:
    Dec 13 at 11:06 pm

    Property Features for 2 Morelock Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Lot size
    3.60 Acres

    Building Details

    Architectural style
    Other

    THE REALTY HOUSE (423) 581-9300

    Listing agent Adren Greene (423) 581-9300 License #6281

    Listing date Sep 18, 2025

    MLS# 709038 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

    Morristown Land with Development Potential

    This 3.6-acre parcel of land is located just off 25E in Morristown, TN. Zoned R-2, the property offers development potential, with the possibility of subdividing. Sewer access is available on-site. A creek runs through the property. The zoning and available utilities suggest a potential for constructing up to 35 apartments.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.260419
    Latitude
    36.23452

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    FAQs

    What type of property is this?
    Land - 3.6 acres of land zoned R-2 with sewer access.
    Where is this land located?
    The property is located at 2 Morelock Rd Morristown, TN.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Excellent location just off 25E.; - Zoned R-2, allowing for potential development.; - Sewer in place.
    (423) 581-9300
    Request Owner's contact information
    2 Morelock Rd Morristown, TN 37814
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    Morristown, TN 37814
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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
    2 Morelock Rd Morristown, TN 37814
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