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    3509 Andrew Johnson Hwy Greeneville, TN 37745

    For Sale
    $649,000

    High-traffic location, versatile office/retail

    Property size:
    2,662 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 2,662 square foot commercial property, situated on a 0.57-acre lot at 3509 E Andrew Johnson Highway in Greeneville, Tennessee, presents a unique investment opportunity. Boasting a highly desirable location with over 40,000 cars passing daily, this property benefits from its close proximity to Walmart and its central position within a rapidly developing area. Currently configured as a vibrant office space, the building offers significant flexibility. Its layout could easily accommodate two separate professional offices, each with convenient parking access. The lower level features rear parking, while the upper levels provide additional space. However, the property's potential extends far beyond its current use. Its prime location and high visibility make it ideally suited for a variety of commercial ventures, including a national fast-food chain or a standalone Starbucks. The possibilities are truly endless for entrepreneurs and investors seeking a high-traffic, strategically located property in a thriving commercial corridor. The asking price is $649,000. This is a rare opportunity to acquire a property with such strong potential for growth and return on investment in a rapidly developing area of Greeneville.

    Property Features for 3509 Andrew Johnson Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,662 SF
    Lot Size
    24,829 SF

    Building Details

    Year Built
    1940
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mcintosh & Lee Insurance ... Insurance Broker Sunbridge Realty Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greeneville
    County
    Greene
    State
    Tennessee
    Longitude
    -82.76304
    Latitude
    36.18657

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, versatile office/retail
    Where is this commercial real estate located?
    The property is located at 3509 Andrew Johnson Hwy Greeneville, TN.
    What is the asking price?
    The asking price for this property is $649,000.
    (423) 639-6781
    Request Owner's contact information
    3509 Andrew Johnson Hwy Greeneville, TN 37745
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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
    3509 Andrew Johnson Hwy Greeneville, TN 37745
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