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    1817 Roane State Hwy Harriman, TN 37748

    Sponsored
    For Sale
    $2,400,000

    Prime 4-acre commercial lot, high-growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4-acre commercial land parcel is strategically located at 1817 Roane State Highway in Harriman, Tennessee (zip code 37748, APN 073046 10402). Priced at $2,400,000 ($600,000 per acre), this level lot presents a remarkable investment opportunity in a thriving commercial corridor. Situated on the "AM" side of Roane State Highway, the property enjoys excellent visibility and accessibility, enhanced by a traffic light providing easy ingress and egress. Its proximity to the new Physicians Plaza Medical Office Building and the new Roane Regional Medical Center makes it ideally suited for a variety of commercial uses, including additional medical offices, rehabilitation centers, or therapy practices. This area is experiencing rapid growth and has become a central hub for commercial and service businesses in Roane County. The property's location offers significant advantages for businesses seeking high visibility and convenient access to a growing customer base. This is a rare opportunity to acquire a substantial land parcel in a prime location with significant development potential. Don't miss this chance to capitalize on the continued expansion of this dynamic commercial area.

    Property Features for 1817 Roane State Hwy

    General Information

    Property type
    Individual retail properties
    Lot Size
    174,240 SF

    HighLights

    • 4‑acre commercial land parcel in Harriman, TN (APN 073046 10402).
    • $2,400,000 asking price ($600,000/acre).
    • Level lot with excellent visibility on Roane State Highway's "AM" side, featuring a traffic signal for easy access.
    • Prime location near Physicians Plaza and Roane Regional Medical Center, ideal for medical‑related businesses.
    • High‑growth area in a thriving commercial corridor of Roane County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Building Supply Auto Repair Shop Wholesale Shop Skin Care Clinic Auto Parts Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Harriman
    County
    Roane
    State
    Tennessee
    Longitude
    -84.5464804
    Latitude
    35.8896542

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    FAQs

    What type of property is this?
    Individual retail property - Prime 4-acre commercial lot, high-growth area.
    Where is this individual retail property located?
    The property is located at 1817 Roane State Hwy Harriman, TN.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: 4-acre commercial land parcel in Harriman, TN (APN 073046 10402).; $2,400,000 asking price ($600,000/acre).; Level lot with excellent visibility on Roane State Highway's "AM" side, featuring a traffic signal for easy access.
    Request Owner's contact information
    1817 Roane State Hwy Harriman, TN 37748
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    Harriman, TN 37748
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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
    1817 Roane State Hwy Harriman, TN 37748
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