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    Sandstone Dr Morristown, TN 37814

    For Sale
    $449,900

    Business - Morristown, TN

    Type:Business
    Lot size:
    3.73 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for Sandstone Dr

    General Information

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

    Building Details

    Architectural style
    Other

    PURKEY REAL ESTATE CO. (423) 586-7350

    Listing agent Linda Estes (423) 586-7350 License #229640

    Listing date Jul 27, 2025

    MLS# 589081 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

    Morristown, TN Business Opportunity

    Located in Morristown, TN, this property offers a 3.73-acre lot suitable for various business ventures. The property is zoned for auto shops, automotive properties, and retail properties, presenting a broad range of development or business opportunities.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    Rural King Tractors, Distinct Finishes, Express Lane Backflow Testing, Coffman Oil Co, MIKES ROAD SERVICE

    Map

    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.325076
    Latitude
    36.206744

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    FAQs

    What type of property is this?
    Auto shop - 3.73 acre lot suitable for automotive or retail business.
    Where is this auto shop located?
    The property is located at Sandstone Dr Morristown, TN.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: - 3.73 acre lot suitable for automotive or retail business.; - Location: [-83.32507,36.206745]
    (423) 586-7350
    Request Owner's contact information
    Sandstone Dr Morristown, TN 37814
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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
    Sandstone Dr Morristown, TN 37814
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