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    1103 Forest St Greeneville, TN 37743

    For Sale
    $899,900

    Prime Corner Lot, High Traffic, B-3 Zoning

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property, located at 1103 Forest Street in Greeneville, Tennessee, presents a unique investment opportunity. Situated on a 0.34-acre corner lot at the intersection of Asheville Highway (SR-70) and Forest Street, this property boasts high visibility due to its prime location. The B-3 Intermediate Business zoning allows for a wide range of commercial uses, making it ideal for entrepreneurs and investors seeking a versatile space. The property includes two parcels (Greene Co. 110B C 014.00 & 015.00). A 2003 traffic count recorded 13,120 vehicles daily on Asheville Highway/Idletime Drive, just 0.06 miles from the site. The strong demographics further enhance the property's appeal. The 2022 population within a 5-mile radius was 27,603, with an average household income of $66,532 within a 1-mile radius. The asking price of $899,900 reflects the land value only

    Property Features for 1103 Forest St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1927
    Property Profile Location Intelligence

    Current Use by Public Records

    Audrey Lowery's Produce Produce Market

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Greeneville
    County
    Greene
    State
    Tennessee
    Longitude
    -82.84814
    Latitude
    36.15215

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Corner Lot, High Traffic, B-3 Zoning
    Where is this commercial real estate located?
    The property is located at 1103 Forest St Greeneville, TN.
    What is the asking price?
    The asking price for this property is $899,900.
    (423) 783-0051
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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
    1103 Forest St Greeneville, TN 37743
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