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    Elk/1011 Over Mtn Dr Elizabethton, TN 37643

    For Sale
    $1,350,000

    High-traffic location, site-ready, 1.52 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 1.52-acre commercial parcel presents a unique investment opportunity in Elizabethton, Tennessee. Strategically located as an outparcel of a Walmart Supercenter, this property enjoys unparalleled visibility and accessibility within a thriving retail corridor. The site is surrounded by a dense concentration of complementary businesses, including a hospital, numerous medical facilities, restaurants, gas stations, grocery stores, a Lowe's home improvement store, and a high school, ensuring high daily traffic and strong consumer demographics. A feasibility study conducted by the City of Elizabethton identified this location as the top choice for a hotel development, highlighting its exceptional potential. However, the property's versatility makes it suitable for a wide range of commercial ventures. The site is fully prepared for immediate development

    Property Features for Elk/1011 Over Mtn Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    66,211 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabethton
    County
    Carter
    State
    Tennessee
    Longitude
    -82.24374
    Latitude
    36.3523

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, site-ready, 1.52 acres.
    Where is this commercial real estate located?
    The property is located at Elk/1011 Over Mtn Dr Elizabethton, TN.
    What is the asking price?
    The asking price for this property is $1,350,000.
    (423) 282-0432
    Request Owner's contact information
    Elk/1011 Over Mtn Dr Elizabethton, TN 37643
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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
    Elk/1011 Over Mtn Dr Elizabethton, TN 37643
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