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    750 Thompson Creek Rd Morristown, TN 37813

    For Sale
    $2,700,000

    Business - Morristown, TN

    Type:Business
    Lot size:
    38.00 Acres
    Days on Market:
    220
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 750 Thompson Creek Rd

    General Information

    Property type
    Land
    Property subtype
    Business
    Standard status
    Active
    Lot size
    38.00 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent David Quillen (423) 586-3100 License #309946

    Listing date Apr 30, 2025

    MLS# 610955 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

    Undeveloped Land Near Walmart

    This large tract of undeveloped land presents numerous opportunities. The City has acquired a right of way for a future road leading from Thompson Creek Road to Frank Lorino Park. Thompson Creek Road is currently undergoing expansion to accommodate future and present development. The property is situated to the left and behind the Walmart Super Center on Davy Crockett Parkway, offering accessibility from both Thompson Creek and Crockett Trace. It is zoned as a Planned Commercial District and is suitable for multi-use development. The lot size is 38 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -83.25312
    Latitude
    36.216811

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    FAQs

    What type of property is this?
    Commercial land - Large commercial land tract near Walmart with development potential.
    Where is this commercial land located?
    The property is located at 750 Thompson Creek Rd Morristown, TN.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Large tract of undeveloped land zoned Planned Commercial District.; - Accessibility from both Thompson Creek and Crockett Trace.; - Location near Walmart Super Center (Davy Crockett Parkway).
    (423) 586-3100
    Request Owner's contact information
    750 Thompson Creek Rd Morristown, TN 37813
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    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
    750 Thompson Creek Rd Morristown, TN 37813
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