Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1139 Hwy 11E Jefferson City, TN

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

    Commercial lot between Morristown and Jefferson City with road frontage.

    Type:LAND
    Lot size:
    1.00 Acre
    Added:
    Nov 24, 2025
    Days on Market:
    157
    Last Refresh:
    Apr 5 at 8:55 pm

    Property Features for 1139 Hwy 11E

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre
    Property subtype
    LAND

    We can help!

    Listing Contact
    Shawn Wilmoth CCIM
    Shawn Wilmoth CCIM

    Listing agent Shawn Wilmoth CCIM License #354366

    Listing office United Real Estate Solutions

    Listing date Nov 24, 2025

    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 United Real Estate Solutions

    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
    -83.443
    Latitude
    36.1056

    Nearby Similar for Lease

    • $2,100/Mo

      Unique Commercial Space with Balcony

      Large open space suitable for studio or gallery.
      1417 George Avenue, Jefferson City, TN 37760
      View Details
    • $1,200/Mo

      Jefferson City Office Space For Rent

      1,100 SF office space with high traffic frontage.
      249 E Broadway Boulevard, Jefferson City, TN 37760
      View Details
    • $16 SF/Yr

      Jefferson City Office Suite For Lease

      Versatile 1,461 SF office suite in high-traffic Jefferson City, TN.
      1338 Russell Ave, Jefferson City, TN
      View Details
    • Contact for pricing

      Retail Space on Broadway Boulevard

      Retail property with high visibility and city services.
      127 E Broadway Blvd, Jefferson City, TN
      View Details
    • $35 SF/Yr

      Retail Space in Jefferson City

      Prime retail space available in Jefferson City's newest development.
      305 E Broadway Blvd, Jefferson City, TN
      View Details
    • $14 SF/Yr

      Jefferson City Commercial Suites Available

      Prime commercial spaces with drive-thru and medical office options.
      657 E Broadway Blvd, Jefferson City, TN
      View Details
    • $12 SF/Yr

      Retail Space Near Carson-Newman University

      Retail space with high visibility and accessibility near local amenities.
      256 E Broadway Blvd, Jefferson City, TN
      View Details
    • Contact for pricing

      New Office/Retail Space Available

      New construction office/retail space in Jefferson City, Tennessee.
      661 E Broadway Blvd, Jefferson City, TN 37760
      View Details
    • Contact for pricing

      Medical Office Space Available

      Medical office building attached to Jefferson Memorial Hospital.
      120 Hospital Dr, Jefferson City, TN 37760
      View Details
    • Contact for pricing

      Former Pharmacy with Drive-Up Window

      Prime commercial space with drive-up window in Jefferson City.
      657 E Broadway Blvd, Jefferson City, TN 37760
      View Details

    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 11E Jefferson City, TN.
    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) 444-2400 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Shawn Wilmoth CCIM
    Shawn Wilmoth CCIM
    Real Estate License ID: 354366
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!