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    503 South Davy Crockett Pkwy Morristown, TN 37813

    For Sale
    $1,425,000

    11,104 SF building on 1.867 acres in Morristown, TN.

    Property size:
    11,104 SF
    Lot size:
    1.77 Acres

    Property Features for 503 South Davy Crockett Pkwy

    General Information

    Size
    11,104 SF
    Lot size
    1.77 Acres

    Source: NAI Koella RM Moore - Knoxville Agent Justin Sterling

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

    Overview

    Morristown Industrial/Self-Storage Opportunity

    This single-unit facility offers approximately 11,104 square feet of building area situated on a spacious 1.867-acre flat lot (approximately 81,345 square feet). Constructed in 2003, the building was previously a national restaurant and has been converted to self-storage units. The property is zoned IB (Industrial/Business General) and features flat topography with municipal water service. The parcel is positioned for a variety of commercial uses. Its location in Morristown’s active business corridor offers excellent regional access and visibility, making it ideal for owner-occupants or investors seeking a well-placed property with strong market fundamentals. Located at 504 Crockett, Morristown, TN, the property offers a dynamic mix of local destinations and convenient retail amenities. It is located 5 minutes from the downtown district with its bespoke dining options and entertainment venues. Regional draws include Panther Creek State Park and Cherokee Lake. The location offers easy access to major highways and transportation hubs. The area surrounding 504 Crockett offers something for everyone.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.258601
    Latitude
    36.213656

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    FAQs

    What type of property is this?
    Self storage facility - 11,104 SF building on 1.867 acres in Morristown, TN.
    Where is this self storage facility located?
    The property is located at 503 South Davy Crockett Pkwy Morristown, TN.
    What is the asking price?
    The asking price for this property is $1,425,000.
    What are key features of this property?
    This property features: - Large 1.867-acre flat lot in an active business corridor with excellent regional access and visibility.; - Zoned IB (Industrial/Business General) allowing for a variety of commercial uses.; - Substantial 11,104 sqft building, previously a national restaurant, converted to self-storage units.
    (865) 236-1610
    Request Owner's contact information
    503 South Davy Crockett Pkwy Morristown, TN 37813
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    Morristown, TN 37813
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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
    503 South Davy Crockett Pkwy Morristown, TN 37813
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