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    1845 S Roane St Harriman, TN 37748

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    For Sale
    $2,556,720

    Ground lease with zero landlord responsibilities and 10+ years remaining.

    Property size:
    10,000 SF
    Lot size:
    2.22 Acres

    Property Features for 1845 S Roane St

    General Information

    Size
    10,000 SF
    Lot size
    2.22 Acres

    Source: Trinity Real Estate Investment Services - Corporate Agent Matthew Simmons

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

    Overview

    Harriman TN Cracker Barrel Ground Lease

    This is an opportunity to acquire a Cracker Barrel property in Harriman, TN. The subject property is a ground lease, requiring zero landlord responsibilities. The location benefits from excellent visibility from US Hwy 27, serving as a convenient stop for travelers and local residents. The surrounding area features various national tenants, including McDonald's, Hardee's, and Taco Bell, which contribute to the area's traffic. The property is situated 41 miles from Knoxville, the 3rd largest city in Tennessee, which has a significant MSA population of over 785,000 residents. The lease is corporately guaranteed by Cracker Barrel Old Country Store, Inc. The property size is 10,000 square feet. The surrounding area has healthy demographics, with over 21,838 residents within a 5-mile radius. An attractive 13.75% rental increase is scheduled for September 2028.
    Insight Report Location Intelligence

    Current Use by Public Records

    Harriman Hotel Motel Rodeway Inn & Suites Hotel Baymont by Wyndham ... Hotel LibertyX Bitcoin ATM Atm

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Hotel & Motel Discount Store Pawn Shop Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Harriman
    County
    Roane
    State
    Tennessee
    Longitude
    -84.594146
    Latitude
    35.90391

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    FAQs

    What type of property is this?
    Conventional restaurant - Ground lease with zero landlord responsibilities and 10+ years remaining.
    Where is this conventional restaurant located?
    The property is located at 1845 S Roane St Harriman, TN.
    What is the asking price?
    The asking price for this property is $2,556,720.
    What are key features of this property?
    This property features: - Corporately guaranteed by Cracker Barrel Old Country Store, Inc.; - Ground lease requiring zero landlord responsibilities.; - Cracker Barrel Old Country Store restaurant with 10+ years remaining on the lease.
    (817) 304-8916
    Request Owner's contact information
    1845 S Roane St Harriman, TN 37748
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    Harriman, TN 37748
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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
    1845 S Roane St Harriman, TN 37748
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