Highway 108 Land
6257 Highway 108, Whitwell, TN 37397
- Added:
- Apr 6, 2026
- Days on Market:
- 52
- Last Refresh:
- May 27 at 2:06 pm
Property Features for 6257 Highway 108
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- R-1
- Standard status
- Pending
- APN
- 011 06104 000
- Size
- 972 SF
- Lot size
- 4.99 Acres
Taxes and HOA fees
- Tax Annual Amount
- 261
Utilities
- Utilities
- Water Available
- Water source
- Public
Building Details
- Additional Structures
- Outbuilding
Listing agent Kevin Jennings License #332675 (423) 650-3829
Listing office REAL Broker 7121 Regal Ln Ste 215, Knoxville, TN (844) 591-7325
Listing date Apr 6, 2026
MLS# 1531910
Listing URL
Copyright © 2026 Greater Chattanooga 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.
HighLights
- Large 4.99‑acre contiguous tract on Whitwell Mountain.
- Utilities (electricity and water) are already available on‑site.
- Significant road frontage with direct public asphalt street access on Highway 108.
- Versatile terrain with cleared, open space and wooded areas suitable for building.
- Includes a 27 by 36 block building (former store) and an additional storage building with a porch.
- Located in Marion County with public water source.
Overview
Located atop Whitwell Mountain in Marion County, 6257 Highway 108 presents an opportunity consisting of two adjoining lots being sold as a single tract totaling approximately 4.99 acres. The property features a landscape of cleared, open space interspersed with wooded areas, suitable for a custom home or residential development. The terrain includes gentle level to rolling slopes, offering building sites that take advantage of the mountain setting. The property has road frontage and public asphalt street access along Highway 108. Electricity and water are available on-site. A 27 by 36 block building, formerly a small store, is located at the front of the property, offering a foundation for a workshop, studio, or home business. An additional storage building with a porch is situated near the middle of the tract, suitable for equipment storage or temporary use during construction. The property is zoned R-1.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$83.5K
NOI $7,512 @ 9.00% cap · cautious / downside scenario
Moderate
$107.3K
NOI $7,512 @ 7.00% cap · market / base-case scenario
Aggressive
$150.2K
NOI $7,512 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $11.7k | $12.00 |
| − Vacancy | −$933 | −$0.96 |
| EGI | $10.7k | $11.04 |
| − OpEx | −$3.2k | −$3.31 |
| NOI | $7.5k | $7.73 |
972 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$107.3K
$93.9K – $125.2K
NOI $7,512 @ 7.0% cap · market cap 7.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$214.7K
$187.8K – $250.5K
NOI $15,027 @ 7.0% cap · market cap 14.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Whitwell
- County
- Sequatchie
- State
- Tennessee
- Longitude
- -85.538744
- Latitude
- 35.272943
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - 4.99 acres on Whitwell Mountain with utilities and structures.
Where is this residential land & home lot located?
The property is located at 6257 Highway 108 Whitwell, TN.
What is the asking price?
The asking price for this property is $107,000.
What are key features of this property?
This property features: Large 4.99‑acre contiguous tract on Whitwell Mountain.; Utilities (electricity and water) are already available on‑site.; Significant road frontage with direct public asphalt street access on Highway 108.
