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    5877 Highway 11 Piney Flats, TN 37686

    Sponsored
    For Sale
    $1,430,000

    6.37 Acres, High-Traffic Location, B-4 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.37-acre commercial land parcel presents a compelling investment opportunity in the thriving Piney Flats, Tennessee market. Strategically located on Highway 11E/Highway 19E, the property boasts nearly 600 feet of highway frontage, ensuring high visibility and accessibility. Its B-4 (Arterial Business Service District) zoning allows for a wide range of commercial uses. The site's proximity to the Tri-County Industrial Park (0.3 miles) creates a substantial daytime population, ideal for retail businesses. Convenient access to the signalized intersection of Highway 11E and Allison Road/Piney Flats Road is provided via Hensen Avenue. Furthermore, its location just 3 miles from Johnson City and 6 miles from Bristol offers unparalleled access to a larger regional market. The property's depth exceeds 500 feet, providing ample space for development. Detailed property information, including the Assessor's Parcel Numbers (APN: 124O B 013.00, 124O B 013.10, 124O B 010.00), is available upon request. This Qualified Opportunity Zone property represents a rare chance to capitalize on the significant growth potential of this dynamic area. Driving directions from I-26: Take exit 19, travel north on Hwy 381, merge onto Bristol Hwy in 1 mile, and the property will be on the right in approximately 5 miles. The asking price is $1,430,000.

    Property Features for 5877 Highway 11

    General Information

    Property type
    Land
    Lot Size
    277,477 SF

    HighLights

    • Prime location in a rapidly expanding market.
    • Exceptional depth of over 500 feet and nearly 600 feet of highway frontage.
    • Conveniently located approximately 3 miles from Johnson City and 6 miles from Bristol.
    • Excellent access via a lighted intersection on Hensen Avenue.
    • Strong retail trade area with high daytime traffic.
    • Proximity to Tri‑County Industrial Park (0.3 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Piney Flats
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.313695685731
    Latitude
    36.428682337747

    Nearby Comparable

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      Piney Flats Opportunity Zone Land

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      Land Parcel in Piney Flats

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 6.37 Acres, High-Traffic Location, B-4 Zoning
    Where is this land located?
    The property is located at 5877 Highway 11 Piney Flats, TN.
    What is the asking price?
    The asking price for this property is $1,430,000.
    What are key features of this property?
    This property features: Prime location in a rapidly expanding market.; Exceptional depth of over 500 feet and nearly 600 feet of highway frontage.; Conveniently located approximately 3 miles from Johnson City and 6 miles from Bristol.
    Request Owner's contact information
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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
    5877 Highway 11 Piney Flats, TN 37686
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