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    7065 Newport Hwy Greeneville, TN 37743

    For Sale
    $265,000

    Spacious Commercial Building, 2.28 Acres

    Property size:
    1,560 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1,560 square foot commercial building sits on a generous 2.28-acre lot in Greeneville, Tennessee, offering significant potential for a variety of businesses. Conveniently located just minutes from Greeneville and a 30-minute drive from Newport, this property boasts a prime location for attracting customers and clients. The well-constructed building is in excellent condition and presents ample room for expansion, allowing for future growth and adaptation to evolving business needs. Currently, the property requires rezoning for commercial garage use, presenting an opportunity to tailor the space to specific requirements. The sale includes all existing building fixtures and equipment, excluding a rolling toolbox with contents, wheelbarrow, leaf blower, step ladder, and potentially a vehicle and associated parts currently on the premises. This versatile property is ideal for entrepreneurs seeking a well-maintained space with significant acreage, offering a blend of convenience and expansion potential in a thriving area. The asking price of $265,000 represents a compelling investment opportunity in a rapidly developing market. Don't miss the chance to secure this exceptional commercial property and establish your business in a strategic location. The property's size and location make it suitable for a wide range of commercial ventures.

    Property Features for 7065 Newport Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,560 SF
    Lot Size
    99,317 SF

    Building Details

    Year Built
    1999
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Henry's Auto Services Auto Repair Shop

    Suggested Use

    Auto Repair Shop Food Market Grocery Store Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Greeneville
    County
    Greene
    State
    Tennessee
    Longitude
    -82.92835
    Latitude
    36.0993

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Commercial Building, 2.28 Acres
    Where is this commercial real estate located?
    The property is located at 7065 Newport Hwy Greeneville, TN.
    What is the asking price?
    The asking price for this property is $265,000.
    (423) 620-5258
    Request Owner's contact information
    7065 Newport Hwy Greeneville, TN 37743
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    Greeneville, TN 37743
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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
    7065 Newport Hwy Greeneville, TN 37743
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