Listing Agency: Oliver Smith Realty & Development Company Show Phone

Listed By: Oliver A Smith IV

Source: Moodyscre

Added: Aug 16, 2023 Changed: Jul 6 Last Checked: Jul 22 at 4:15AM

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Investment Insights

Based on property information with market context.

This 0.55-acre commercial lot benefits from crossover parking available on both easements. The property experiences significant traffic volume, with 22,725 average daily traffic (ADT) on Cosby Highway and 37,162 ADT on I-40. Retail establishments are located nearby, including Walmart, Lowe's, Bojangles, Best Western Newport Inn, Cracker Barrel, Hampton Inn, and Newport Cinema 4.

Key Highlights

• High traffic count: 37,162 ADT on I‑40
• High traffic count: 22,725 ADT on Cosby Highway
• .55 commercial lot

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Explore this area Business Placement

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial lot with high traffic count and crossover parking.

Where is this commercial land located?

The property is located at 1018 Cosby Hwy Newport, TN.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: High traffic count: 37,162 ADT on I‑40; High traffic count: 22,725 ADT on Cosby Highway; .55 commercial lot