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    00 Rutledge Pike Blaine, TN 37709

    For Sale
    $2,600,000

    Prime Development Site, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 160-acre property in Blaine, Tennessee, presents a unique investment opportunity. Strategically located just off Rutledge Pike in Grainger County, near the Knox County line, this land boasts unparalleled visibility and accessibility. Three acres are directly adjacent to newly constructed retail establishments including Food City, Dollar General, Taco Bell, O'Reilly Auto Parts, a car wash, Waffle House, and Patriot's Chicken, ensuring high traffic flow. The remaining acreage, situated behind Food City, is ideal for various development projects, such as office buildings, multi-family housing, self-storage facilities, or a residential subdivision. The property already features 32 platted, single-family lots (75' x 110' average) with existing slab foundations and access to municipal utilities, including sewer. The seller is open to re-subdivision, potentially creating up to 70 smaller lots (approximately 51' x 110' or smaller). The property enjoys a substantially flat topography, multiple points of ingress and egress, and benefits from flexible commercial/residential zoning, onsite utilities, and a supportive local planning commission. No commercial inspector requirement adds to the development efficiency. Located approximately 20 minutes from downtown Knoxville, this property offers a compelling blend of location, infrastructure, and development potential. The asking price is $2,600,000. APN: 098 107.00.

    Property Features for 00 Rutledge Pike

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • On‑site utilities.
    • Flexible zoning allows for diverse uses.
    • High‑visibility location for optimal marketing.
    • Level site simplifies development and construction.
    • No commercial inspection needed for expedited permitting.
    • Cooperative local planning commission streamlines approvals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Pharmacy Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Blaine
    County
    Grainger
    State
    Tennessee
    Longitude
    -83.6795286
    Latitude
    36.1835084

    Nearby Similar for Sale

    • $2,100,000
      16,500 SF

      Modern Office Building For Sale

      16,500 SF office building with modern features, built in 2008.
      134 Rutledge Pike, Blaine, TN 37709
      View Details

    FAQs

    What type of property is this?
    Land - Prime Development Site, High Visibility
    Where is this land located?
    The property is located at 00 Rutledge Pike Blaine, TN.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: On-site utilities.; Flexible zoning allows for diverse uses.; High-visibility location for optimal marketing.
    Request Owner's contact information
    00 Rutledge Pike Blaine, TN 37709
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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
    00 Rutledge Pike Blaine, TN 37709
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