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Walmart Grocery Store
For Sale
Contact for pricing
Pending

1997 Buffalo Trail, Morristown, TN 37814

Neighborhood market format combining groceries, general merchandise, and pharmacy services in one commercial location.

Property SizeContact for details
Days on Market146

Property Features for 1997 Buffalo Trail

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Colliers - Los Angeles - Orange County, California
Listed By: Eric Carlton · License #CA 01809955
Source: Crexi
Added: Apr 10 Changed: Sep 2 Last Checked: Sep 1 at 12:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Los Angeles - Orange County, California

Investment Insights

Based on property information with market context.

The property is identified as a Walmart Neighborhood Market, a smaller-format grocery and convenience store concept that combines food, merchandise, household supplies, health and beauty products, and pharmacy services. The format includes fresh produce, meat and dairy, bakery and deli offerings, and related retail departments.

Neighborhood Markets were developed in 1998 for communities seeking pharmacy access alongside grocery and general merchandise options. Typical locations measure approximately 38,000 square feet and employ up to 95 associates. This listing is located at 1997 Buffalo Trail in Morristown, Tennessee.

Key Highlights

  • Walmart Neighborhood Market format
  • Approximately 38,000 square feet
  • Includes pharmacy services alongside grocery and general merchandise offerings

Property Analytics

Current Use

Walmart Neighborhood Market Grocery & Convenience Store Walmart Pharmacy Pharmacy Coinstar Bank Western Union Bank Walmart Patio & Garden ... Landscaping

Suggested Use

Top Pick Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon 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

127
Businesses Nearby
Under-served
Demand for This Use

Demographics for 37814, TN

34,130
Population
15,287
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
43.9 sq mi
ZIP Area
777
Density / Sq Mi
$51,083
Median Household Income
$35,062
Median Earnings
$859
Median Rent
$192,200
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
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Neighborhood market format combining groceries, general merchandise, and pharmacy services in one commercial location.
Where is this grocery and convenience store located?
The property is located at 1997 Buffalo Trail Morristown, TN.
What are key features of this property?
This property features: Walmart Neighborhood Market format; Approximately 38,000 square feet; Includes pharmacy services alongside grocery and general merchandise offerings
(949) 724-5561 Call to check price and availability
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