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    980 Hwy W, Unit 11-E New Market, TN 37820

    For Sale
    $225,000

    Office, Masonry - New Market, TN

    Type:Office
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 980 Hwy W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2006
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Greater Impact Realty Lakeway (615) 478-5333

    Listing agent Janet Renea Norton (423) 586-0376 License #357198

    Listing date Nov 3, 2025

    MLS# 708697 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

    Professional Office Building in New Market

    This professional brick office building features a large entry room, three offices, a kitchenette, and a full bath. The property benefits from a paved and marked parking lot and offers abundant natural light. It includes both front and back entrances/exits. Situated on a corner lot, the building provides easy access and visibility. The location on Highway 11-E, between Jefferson City and Knoxville, experiences a daily traffic count of 20,000 vehicles.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    New Market
    County
    Jefferson
    State
    Tennessee
    Longitude
    -83.55512
    Latitude
    36.101149

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    FAQs

    What type of property is this?
    Office building - Brick office building with ample parking and natural light.
    Where is this office building located?
    The property is located at 980 Hwy W, Unit 11-E New Market, TN.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - High-traffic location on Hwy 11-E with 20,000 daily count, ideal for business visibility.; - Professional brick office building featuring a large entry, three offices, kitchenette, and full bath.; - Convenient corner lot with front and back entrances/exits.
    (423) 586-0376
    Request Owner's contact information
    980 Hwy W, Unit 11-E New Market, TN 37820
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    New Market, TN 37820
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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
    980 Hwy W, Unit 11-E New Market, TN 37820
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