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    211 Forrest Cir Jonesborough, TN 37659

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    For Sale
    $699,000

    2.7 acre cleared corner lot with high visibility.

    Lot size:
    2.70 Acres

    Property Features for 211 Forrest Cir

    General Information

    Lot size
    2.70 Acres

    Source: Berkshire Hathaway HomeServices Greg Cox Real Estate Agent Gregory Cox, Jr.

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

    Overview

    Prime Corner Commercial Development Opportunity

    This 2.7-acre corner property presents a development opportunity with multiple access points and high visibility. Situated at the intersection of Hwy 11E and Forest Circle, the flat and cleared site is located minutes from Historic Downtown in the Jonesborough and expanding Johnson City metro area. The property offers flexibility for various site options and currently features an ice cream parlor with outdoor seating. Access points include frontage on Hwy 11E, Forest Circle, additional frontage and access from John Sevier Road, and unimproved rear access, facilitating flexible site planning. Located on a busy commercial corridor, the property benefits from strong traffic counts of approximately 24,000 to 28,000 vehicles per day on Hwy 11E, along with growing surrounding residential and commercial development. Public utilities are available, with buyer verification recommended. The site is suitable for retail, office/medical, service commercial, mixed-use, or potential residential-oriented uses, subject to zoning and approvals. This high-visibility corner opportunity is located in fast-growing Jonesborough.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesborough
    County
    Washington
    State
    Tennessee
    Longitude
    -82.460852
    Latitude
    36.299381

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    FAQs

    What type of property is this?
    Commercial land - 2.7 acre cleared corner lot with high visibility.
    Where is this commercial land located?
    The property is located at 211 Forrest Cir Jonesborough, TN.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - High-visibility corner lot on Hwy 11E with strong traffic counts (24,000-28,000 VPD).; - Flat and cleared 2.7± acre development-ready site.; - Multiple access points from Hwy 11E, Forest Circle, and John Sevier Road.
    (423) 791-3331
    Request Owner's contact information
    211 Forrest Cir Jonesborough, TN 37659
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    Jonesborough, TN 37659
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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
    211 Forrest Cir Jonesborough, TN 37659
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