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    Gallaher Rd Kingston, TN 37763

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    For Sale
    $900,000

    10-acre parcel suitable for multifamily development with rezoning potential.

    Lot size:
    9.89 Acres

    Property Features for Gallaher Rd

    General Information

    Lot size
    9.89 Acres

    Source: Wallace Commercial Agent J W Deaver

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

    Overview

    Multifamily Development Opportunity on 10 Acres

    This 10-acre parcel is ideally suited for multifamily development. The site's location provides convenient access to major thoroughfares, employment centers, and retail amenities. The topography is partially level, and the property features ample frontage. Utility access is nearby. The property is currently zoned C-2, but Roane County planning indicates the possibility of rezoning to R-3, potentially allowing up to 12 units per acre. The flood map indicates a Level A flood zone, requiring 3 feet of elevation build-up before construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Kingston
    County
    Roane
    State
    Tennessee
    Longitude
    -84.453303
    Latitude
    35.860924

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    FAQs

    What type of property is this?
    Land - 10-acre parcel suitable for multifamily development with rezoning potential.
    Where is this land located?
    The property is located at Gallaher Rd Kingston, TN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - 10-acre parcel suited for multifamily development.; - Potential for high-density residential development (up to 12 units per acre with R-3 rezoning).; - Strategic location with convenient access to major thoroughfares, employment centers, and retail amenities.
    (865) 599-1903
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    Gallaher Rd Kingston, TN 37763
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    Kingston, TN 37763
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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
    Gallaher Rd Kingston, TN 37763
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