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    104 Asheville Hwy Greeneville, TN 37743

    For Sale
    $5,704,762

    Long-term absolute net lease retail property in Greeneville, TN.

    Property size:
    14,560 SF
    Lot size:
    1.93 Acres

    Property Features for 104 Asheville Hwy

    General Information

    Size
    14,560 SF
    Lot size
    1.93 Acres

    Source: Deerfield Partners Agent John Giordani

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

    Overview

    Greeneville, TN Retail Opportunity

    This retail property, comprising 14,560 square feet, is located on Asheville Hwy in Greeneville, Tennessee. The property benefits from a long-term absolute net lease, meaning zero landlord responsibilities. Situated in an income tax-free state, the location is strategic, being the main and main location in an established trade area. The next closest Walgreens is over 5 miles away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Redbox Movie Rental Kiosk FedEx OnSite Mailing Service Walgreens Pharmacy Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    CVS, CVS Pharmacy, Mason Manship, Atchley Drug Center, Gwendolyn T. Mcginnis, DPH

    Location Insight

    • Map
    • Local Demand
    City
    Greeneville
    County
    Greene
    State
    Tennessee
    Longitude
    -82.849412
    Latitude
    36.153467

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    FAQs

    What type of property is this?
    Drug store - Long-term absolute net lease retail property in Greeneville, TN.
    Where is this drug store located?
    The property is located at 104 Asheville Hwy Greeneville, TN.
    What is the asking price?
    The asking price for this property is $5,704,762.
    What are key features of this property?
    This property features: - Long term absolute net lease - zero landlord responsibilities; - Strategic location - next closest Walgreens over 5 miles away; - Main & Main location in established trade area
    (888) 353-0441
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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
    104 Asheville Hwy Greeneville, TN 37743
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