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    5218 E Morris Blvd Morristown, TN 37813

    For Sale
    $499,900

    Business - Morristown, TN

    Type:Business
    Lot size:
    0.65 Acres
    Days on Market:
    234
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 5218 E Morris Blvd

    General Information

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

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Electric

    Building Details

    Year built
    1982
    Building materials
    Block, Brick
    Roof type
    Metal
    Architectural style
    Other

    CRYE LEIKE LAKEWAY REAL ESTATE (423) 586-3100 [email protected]

    Listing agent Robin Epps (423) 586-3100 License #344812

    Listing date Apr 16, 2025

    MLS# 707210 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

    Established Retail/Service Business Opportunity

    This established retail/service business is located at the edge of East Hamblen Industrial Park on busy Morris Boulevard. It features a large work area with storage shelving and an office area. The property offers ample parking spaces to meet retail needs. The business provides automobile upholstery and more. The lot size is 0.65 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wayne's Auto Trim Auto Upholsterer

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Department Store Storage Facility

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

    Similar Places Nearby

    Hog Heaven, Wayne's Auto Trim, Complete Automotive Repair Services, Casper's Wrecker - Heavy Duty, Semi Trailer & Car Towing Services, Hurst Auto Repair

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.221633
    Latitude
    36.242745

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    FAQs

    What type of property is this?
    Auto shop - Retail/service business with ample parking on busy Morris Boulevard.
    Where is this auto shop located?
    The property is located at 5218 E Morris Blvd Morristown, TN.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - High-traffic location on busy Morris Boulevard.; - Established retail/service business with existing automobile upholstery operations.; - Ample parking spaces for customers and employees.
    (423) 586-3100
    Request Owner's contact information
    5218 E Morris Blvd Morristown, TN 37813
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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
    5218 E Morris Blvd Morristown, TN 37813
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