Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    Eugene Fox Blvd Clinton, TN

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    34 acres of commercial land with I-75 visibility.

    Type:LAND
    Lot size:
    16.51 Acres
    Added:
    Aug 6, 2024
    Days on Market:
    638
    Last Refresh:
    Apr 5 at 11:17 pm

    Property Features for Eugene Fox Blvd

    General Information

    Standard status
    Active
    Lot size
    16.51 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Dalton Maddox
    Dalton Maddox

    Listing agent Dalton Maddox License #369008

    Listing office Maddox Property Sales

    Listing date Aug 6, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Maddox Property Sales

    Overview

    34 Acres at I-75 Interchange

    This property features 34 acres of commercial land situated at the northeast quadrant of the I-75 interchange with TN-61 Charles Seviers Boulevard in Clinton, Tennessee. The location is near a Walmart Supercenter, hotels, restaurants, petroleum retailers, and car dealerships. Pad-ready sites are available in sizes ranging from 1 to 20 acres. The property benefits from I-75 visibility and access, and is located within three miles of three industrial parks. The area experiences traffic from nearby residential areas, Norris Lake, and several industrial parks. The Knoxville Metropolitan Statistical Area (MSA) economy is diverse and growing.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Clinton
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.1779
    Latitude
    36.0934

    Nearby Similar for Sale

    • $600,000

      Newer Triplex Investment Opportunity

      New construction triplex with income potential in Clinton, Tennessee.
      104 East Maire Ave, Clinton, TN 37716
      View Details
    • $85,000

      One-Acre Land in Clinton, TN

      One-acre property near I-75 with road frontage and utilities.
      2025 N Charles G Seivers Blvd, Clinton, TN 37716
      View Details
    • $599,900

      Highway 61 Development Opportunity

      5.14-acre property on Highway 61 in Clinton, Tennessee.
      Sinking Springs Rd, Clinton, TN 37716
      View Details
    • $50,000

      Land Near Clinton High School

      0.83 acre lot behind Clinton High School.
      Skyline Drive, Clinton, TN 37716
      View Details
    • $55,000

      Cleared Lot Near Clinton HS

      1.02 acre lot partially cleared and prepped to build.
      617 Skyline Drive, Clinton, TN 37716
      View Details
    • $350,000

      Clinton, TN Land Opportunity

      14+ acres of land with development potential in Clinton, TN.
      409 Carroll Hollow Rd, Clinton, TN 37716
      View Details
    • $547,500

      Horse Barn on 4+ Acres

      25,000 SF horse barn on 4+ acres in Clinton.
      500 Miller Rd, Clinton, TN 37716
      View Details
    • $120,000

      Clinton, TN 5.38-Acre Land

      Unrestricted 5.38-acre land near Clinton, TN, for sale.
      Sexton Lane lot: 123, Clinton, TN 37716
      View Details
    • $200,000

      5.01 Acre Unrestricted Land

      Secluded 5.01-acre tract near Clinton, Oak Ridge, and Knoxville.
      Pleasant View Loop, Clinton, TN 37716
      View Details
    • $1,700,000

      Equestrian Land with Barn, Clinton TN

      53 acres in Clinton, TN with equestrian infrastructure.
      243 Black Oak Rd, Clinton, TN 37716
      View Details
    • $699,000
      2,539 SF

      Retail Space with Highway Frontage

      Shopping center with high visibility on Highway 61.
      135 Little Senator Cir, Clinton, TN
      View Details
    • $699,000
      551 SF

      Restaurant/Retail Opportunity on Highway 61

      Two buildings with road frontage, suitable for restaurant/retail use.
      139 Little Senator Cir, Clinton, TN
      View Details

    FAQs

    What type of property is this?
    Land - 34 acres of commercial land with I-75 visibility.
    Where is this land located?
    The property is located at Eugene Fox Blvd Clinton, TN.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: I‑75 visibility & access; Pad‑ready sites 1‑20 acres; Located at I‑75 interchange with TN‑61, near established businesses
    (865) 318-5178 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Dalton Maddox
    Dalton Maddox
    Real Estate License ID: 369008
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Eugene Fox Blvd, Clinton, TN
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!