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    1000 Highway 411 Vonore, TN 37885

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    For Sale
    $1,625,000

    Retail strip center with development potential in Vonore, Tennessee.

    Lot size:
    1.97 Acres

    Property Features for 1000 Highway 411

    General Information

    Lot size
    1.97 Acres

    Source: Phil Cobble Fine Homes & Land Agent Philip E Cobble

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

    Overview

    Retail Strip Center Investment Opportunity

    This is an opportunity to invest in a retail strip center located in downtown Vonore, Tennessee, with frontage on U.S. Highway 411. The property consists of 0.57 acres, plus an additional 1.39 acres zoned commercial adjacent to the back boundary. The additional acreage includes 32 mini-storage units, a 3-car garage automotive maintenance business, and a vacant frame house suitable for rental or office space. The two contiguous parcels, totaling 1.96 acres, offer two recorded easements with paved asphalt drives, suitable for future development or current income from the mini-storage units. The existing strip center offers a franchise developer the opportunity to build a future restaurant, gas station, or convenience retail center. Additional parking is available in the back. The property has 180 feet of frontage on U.S. Highway 411, with a traffic count of 16,000 vehicles daily. The net operating income does not include income from the mini storage and garage located on the second included parcel at 130 Lackey Lane, Vonore, TN 37885.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Works Salon Barber Shop Lacys Cakes, Catering ... Restaurant Exit Realty Premier Real Estate Agency Pool Supplies and More Swimming Pool Supply Store Vonore Gift and Vintage ... Gift Shop

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Vonore
    County
    Monroe
    State
    Tennessee
    Longitude
    -84.234088
    Latitude
    35.59206

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    FAQs

    What type of property is this?
    Strip mall - Retail strip center with development potential in Vonore, Tennessee.
    Where is this strip mall located?
    The property is located at 1000 Highway 411 Vonore, TN.
    What is the asking price?
    The asking price for this property is $1,625,000.
    What are key features of this property?
    This property features: - 1.96 Acres with prime frontage on U.S. Highway 411, consisting of two contiguous parcels.; - Existing retail strip center with potential for franchise development.; - Additional 1.39 acres zoned commercial, adjacent to the back boundary.
    (865) 805-4664
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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
    1000 Highway 411 Vonore, TN 37885
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