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    Depot St Greeneville, TN 37745

    For Sale
    $350,000

    1.22 Acres, Downtown Development Opportunity

    Property size:
    53,142 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1.22-acre commercial lot presents a unique investment opportunity in Greeneville, TN's vibrant downtown. Located on West Depot Street, this property boasts over 700 feet of street frontage accessible from three different city streets, providing unparalleled visibility and accessibility. The site is fully serviced with existing sewer and water connections, and features newly installed sidewalks and curbs, simplifying development. Its prime location offers easy access to all the amenities and attractions of Greeneville's revitalized downtown area. The expansive lot size allows for a variety of development possibilities, including condominiums, office buildings, or self-storage facilities. This is the only commercially available land for sale on Depot Street, making it a truly rare and highly sought-after opportunity to participate in the ongoing growth and revitalization of this desirable downtown location. The property's size and location make it ideal for a large-scale commercial development project, offering significant potential for return on investment. Don't miss this chance to secure a piece of Greeneville's thriving commercial landscape. The 53,142 square foot lot is ready for your vision. Contact us today to learn more about this exceptional property and its development potential.

    Property Features for Depot St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    53,142 SF
    Lot Size
    53,143 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greeneville
    County
    Greene
    State
    Tennessee
    Longitude
    -82.75805
    Latitude
    36.17714

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    FAQs

    What type of property is this?
    Commercial real estate - 1.22 Acres, Downtown Development Opportunity
    Where is this commercial real estate located?
    The property is located at Depot St Greeneville, TN.
    What is the asking price?
    The asking price for this property is $350,000.
    (423) 639-6781
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    Depot St 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
    Depot St Greeneville, TN 37745
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