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    4343 Maple Valley Rd Morristown, TN 37813

    For Sale
    $549,900

    Prime TN acreage, residential/agricultural potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 16.94-acre property in Morristown, Tennessee, presents a unique opportunity for diverse development. Located on Maple Valley Road, 37813, in Hamblen County, this mostly cleared, rolling land boasts stunning mountain views from select building sites. Zoned A-1 (Agriculture-Forestry District), the property offers flexibility for agricultural or residential use. Its convenient location provides easy access to key amenities: a mere 2 minutes from Lincoln Middle School, 3 minutes from Walmart, 5 minutes from downtown Morristown and Interstate 81, 10 minutes from Cherokee Lake, and 12 minutes from Walters State Community College. The property's proximity to Highway 160 ensures convenient transportation. While the current listing encompasses 16.94 acres, there's a potential for expansion with an additional 3+ acres and a brick, basement ranch home available separately. This makes it ideal for those seeking a large, versatile property with both rural tranquility and urban convenience. The asking price for this remarkable land is $549,900.

    Property Features for 4343 Maple Valley Rd

    General Information

    Property type
    Farms
    Lot Size
    737,906 SF

    HighLights

    • 16.94‑acre parcel in Morristown, TN (Hamblen County), zoned A‑1.
    • Mostly cleared, rolling terrain with mountain views.
    • Convenient location near schools, shopping (Walmart), downtown Morristown, I‑81, Cherokee Lake, and Walters State Community College.
    • Potential for expansion with an additional 3+ acres and a separate home available.
    • Asking price: $549,900.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Food Market Grocery Store Discount Store Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.357018379101
    Latitude
    36.169608356151

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    FAQs

    What type of property is this?
    Farm - Prime TN acreage, residential/agricultural potential.
    Where is this farm located?
    The property is located at 4343 Maple Valley Rd Morristown, TN.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: 16.94-acre parcel in Morristown, TN (Hamblen County), zoned A-1.; Mostly cleared, rolling terrain with mountain views.; Convenient location near schools, shopping (Walmart), downtown Morristown, I-81, Cherokee Lake, and Walters State Community College.
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    4343 Maple Valley Rd 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
    4343 Maple Valley Rd Morristown, TN 37813
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