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Commercial Land with Existing Building
New
For Sale
$275,000

1665 Cosby Highway, Newport, TN 37821

LAND - Newport, TN

Property Size1,200 SF
Lot Size3.12 Acres
Price / SF$229.17
Days on Market6

Property Features for 1665 Cosby Highway

General Information

Property type Land
Property subtype Other
Zoning COMMERCIAL
Lot features Back Yard, Cleared, Level, Open Lot, Split Possible, Views
Directions GPS FRIENDLY TAKE COSBY HWY FOLLOW TO PROPERTY ON RT. SEE SIGNS
Standard status Active
APN 073D A 00500 000
Lot size 3.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 800

Utilities

Utilities Water Available
Sewer type Septic Needed
Water source Public

Building Details

Roof type Asphalt
Listing Agency: Askew Realty Group
Listed By: Billy Askew · License #269829
Added: Aug 1 Changed: Aug 5 Last Checked: Aug 6 at 2:06AM
MLS# 712422

Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3.12-acre commercial property includes a 1,200-square-foot building with an open interior layout and two bathrooms. The structure previously operated as a pawn shop, and the parcel may be divided into three approximately 1-acre tracts. Commercial zoning is in place, while electric and public water are available. A previously approved septic permit is associated with the property but requires renewal.

The site is positioned on Cosby Highway just outside Newport city limits. Shopping, Interstate access, and downtown Newport are approximately 5 minutes away, while Gatlinburg is about 30 minutes away. Mountain views provide a scenic physical setting for the acreage and existing improvements.

Key Highlights

  • 3.12‑acre commercial property on Cosby Highway
  • 1,200‑square‑foot building with open floor plan and two bathrooms
  • Potential division into three approximately 1‑acre tracts

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Hair Salon Storage Facility Nail Salon Locksmith

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

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

629
Businesses Nearby
71k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Dining 40% Groceries 12% Home Improvements & Furnishings 7%
SONIC Drive In Dining
12,445 visits/mo 0.4 miles
A&W Restaurant Dining
11,672 visits/mo 0.1 miles
Sunoco Shops & Services
9,866 visits/mo 0.2 miles
Price Less Foods Groceries
8,737 visits/mo 0.2 miles
Curt's Ace Hardware Home Improvements & Furnishings
5,225 visits/mo 0.3 miles

Demographics for 37821, TN

22,928
Population
10,897
Households
2.1
Avg Household Size
44
Median Age
9%
College-Educated
84%
High-School Grad
129.8 sq mi
ZIP Area
177
Density / Sq Mi
$45,350
Median Household Income
$34,307
Median Earnings
$789
Median Rent
$127,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercially zoned acreage includes public water, electric availability, and an existing open-plan building with two bathrooms.
Where is this commercial land located?
The property is located at 1665 Cosby Highway Newport, TN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3.12‑acre commercial property on Cosby Highway; 1,200‑square‑foot building with open floor plan and two bathrooms; Potential division into three approximately 1‑acre tracts
More about this property
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