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    1139 Hwy, Unit 11E Jefferson City, TN

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    For Sale
    $450,000

    Commercial lot between Morristown and Jefferson City with road frontage.

    Lot size:
    1.00 Acre

    Property Features for 1139 Hwy

    General Information

    Lot size
    1.00 Acre

    Source: United Real Estate Solutions Agent Shawn Wilmoth CCIM

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

    Overview

    Commercial Lot on Major Highway

    This commercial lot is situated on a major highway between Morristown and Jefferson City. It features significant road frontage and east-west crossover access from the old Andrew Johnson Highway. The property is suitable for a retail store, such as a Dollar General, or other retail businesses. Water and sewer utilities are available. The taxes on this property will be established after the property is subdivided.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Jefferson City
    County
    Jefferson
    State
    Tennessee
    Longitude
    -83.4430118
    Latitude
    36.1055775

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot between Morristown and Jefferson City with road frontage.
    Where is this commercial land located?
    The property is located at 1139 Hwy, Unit 11E Jefferson City, TN.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Highway frontage on a major highway between Morristown and Jefferson City.; - Crossover access from the old Andrew Johnson Highway.; - Suitable for retail businesses like Dollar General.
    (865) 205-9353
    Request Owner's contact information
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    Jefferson City, TN
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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
    1139 Hwy, Unit 11E Jefferson City, TN
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