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    4582 W Andrew Johnson Hwy W Morristown, TN 37814

    For Sale
    $2,500,000

    Mixed Use - Morristown, TN

    Type:Mixed Use
    Lot size:
    7.86 Acres
    Days on Market:
    266
    Last Refresh:
    Dec 14 at 2:06 am

    Property Features for 4582 W Andrew Johnson Hwy W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Lot size
    7.86 Acres

    Building Details

    Year built
    1955
    Building materials
    See Remarks
    Architectural style
    Other

    THE REALTY HOUSE (423) 581-9300

    Listing agent Otis Stubblefield (423) 581-9300 License #203075

    Listing date Mar 24, 2025

    MLS# 603900 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, TN Mixed-Use Land

    This property consists of 7.864 acres of mixed-use land located in Morristown, Tennessee. The site includes a brick house, though no information is provided regarding its condition. Potential buyers may consider moving or demolishing the existing structure. The property is located in Hamblen County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.366176
    Latitude
    36.190701

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    FAQs

    What type of property is this?
    Land - 7.864 acres of mixed-use land for sale in Morristown.
    Where is this land located?
    The property is located at 4582 W Andrew Johnson Hwy W Morristown, TN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Property includes a brick house.; - Suitable for moving or razing the existing structure, offering flexibility.; - Built in 1955.
    (423) 581-9300
    Request Owner's contact information
    4582 W Andrew Johnson Hwy W 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
    4582 W Andrew Johnson Hwy W Morristown, TN 37814
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