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    1757 West Andrew Johnson Hwy Morristown, TN 37814

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    For Lease
    $8 SF/Yr

    41,117 SF retail space with drive-thru in Morristown, TN.

    Property size:
    41,117 SF
    Lot size:
    5.44 Acres

    Property Features for 1757 West Andrew Johnson Hwy

    General Information

    Size
    41,117 SF
    Lot size
    5.44 Acres

    Source: Colliers - Houston Agent Cody Persyn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Building with Drive-Thru

    This freestanding, former Walmart Neighborhood Center, constructed in 2016, offers 41,117 square feet of retail space and includes a drive-thru. Situated near U.S. 11E along Andrew Johnson Highway in Morristown, Tennessee, the property benefits from its location in a high-growth area, approximately 40 miles northeast of Knoxville, TN. The site features median and traffic signal access, facilitating convenient access in both directions. The property also offers excellent street visibility.
    Location Intelligence

    Current Use by Public Records

    Walmart Fuel Station Gas Station

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.272149
    Latitude
    36.225792

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    FAQs

    What type of property is this?
    Storefront property - 41,117 SF retail space with drive-thru in Morristown, TN.
    Where is this storefront property located?
    The property is located at 1757 West Andrew Johnson Hwy Morristown, TN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - High-growth area location; - Freestanding former Walmart Neighborhood Center; - Drive-thru included
    (281) 661-3222
    Request Owner's contact information
    1757 West Andrew Johnson Hwy Morristown, TN 37814
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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
    1757 West Andrew Johnson Hwy Morristown, TN 37814
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