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    Andrew Johnson Hwy/Whitaker Rd New Market, TN 37820

    For Sale
    $1,800,000

    Agriculture - New Market, TN

    Type:Agriculture
    Lot size:
    47.68 Acres
    Days on Market:
    251
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for Andrew Johnson Hwy/Whitaker Rd

    General Information

    Property type
    Land
    Property subtype
    Agriculture
    Standard status
    Active
    Lot size
    47.68 Acres

    Building Details

    Architectural style
    Other

    LEBEL COMMERCIAL REALTY (423) 307-1429

    Listing agent Will Sliger (423) 307-1429 License #316105

    Listing date Apr 8, 2025

    MLS# 707110 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

    Prime Corner Acreage For Sale

    This 47.68+/- acre property is located at the corner of Andrew Johnson Highway and Whitaker Road. The site offers over 1,600 feet of road frontage on Andrew Johnson Hwy and more than 1,100 feet along Whitaker Road. It is situated just over 5 miles from the Knox County line and approximately 35 miles from McGhee Tyson Airport. Jefferson City is less than 7 miles to the east, while Morristown is about 20 miles away. The location provides access to Interstate 40 and 81. Daily traffic count exceeds 20,000 vehicles. The property backs up to Nyrstar and sits across Highway 11E from Norfolk Southern property, which was acquired for an intermodal site. This location is suited for investors, developers, and businesses seeking a well-connected site.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    New Market
    County
    Jefferson
    State
    Tennessee
    Longitude
    -83.602772
    Latitude
    36.083723

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    FAQs

    What type of property is this?
    Commercial land - 47.68+/- acres with high visibility and development potential.
    Where is this commercial land located?
    The property is located at Andrew Johnson Hwy/Whitaker Rd New Market, TN.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Strategic corner location at Andrew Johnson Highway and Whitaker Road with exceptional visibility.; - Extensive road frontage: over 1,600 feet on Andrew Johnson Hwy and over 1,100 feet on Whitaker Road.; - High traffic count exceeding 20,000 vehicles daily.
    (423) 307-1429
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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
    Andrew Johnson Hwy/Whitaker Rd New Market, TN 37820
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