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    740 Pine Brooke Rd Morristown, TN 37813

    For Sale
    $450,000

    Established Auto Salvage Yard, 2.59 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional mixed-use property presents a lucrative investment opportunity in Morristown, Tennessee. Located at 740 Pine Brooke Road, Unit 740, this offering encompasses a thriving auto salvage business, complete with existing inventory, a car lift, and a well-equipped shop. The property sits on a substantial 2.59-acre lot, providing ample space for operations and future expansion. Crucially, all four lots comprising this property are zoned commercial, ensuring flexibility and potential for diverse uses. Convenient access is provided from both Pine Brooke Road and Sawyer's Road, enhancing visibility and accessibility for customers and suppliers. The sale includes all existing inventory and equipment within the auto salvage operation. This turnkey business is ready for immediate operation and offers significant potential for growth. Note that a separate three-bedroom home, located adjacent to the salvage yard, is also available for purchase. While unfinished, the home has most of the necessary supplies already acquired for completion. This presents a unique opportunity to acquire both the established business and a potential residential property, either together or separately, depending on the buyer's needs and investment strategy. Serious inquiries are encouraged to schedule a viewing by appointment only.

    Property Features for 740 Pine Brooke Rd

    General Information

    Property type
    Mixed-use properties
    Lot Size
    112,820 SF

    Building Details

    Year Built
    2001
    Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Auto Repair Shop Wholesale Shop Department Store Auto Parts Store Food Market HVAC Service Discount Store Storage Facility Smoke and Vape Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.29315
    Latitude
    36.18411

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    FAQs

    What type of property is this?
    Mixed-use property - Established Auto Salvage Yard, 2.59 Acres
    Where is this mixed-use property located?
    The property is located at 740 Pine Brooke Rd Morristown, TN.
    What is the asking price?
    The asking price for this property is $450,000.
    (423) 243-4445
    Request Owner's contact information
    740 Pine Brooke Rd Morristown, TN 37813
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    Morristown, TN 37813
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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
    740 Pine Brooke Rd Morristown, TN 37813
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