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    Roane State Hwy Harriman, TN 37748

    For Sale
    $1,590,000

    Prime 16.5-acre residential land near Roane State. Ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 16.5-acre parcel of land presents a unique investment opportunity in Harriman, Tennessee. Located on Roane State Highway, this property boasts a highly desirable location adjacent to Roane State Community College, offering unparalleled potential for various development projects. The land is zoned for residential use, making it perfect for student housing, multi-family dwellings, single-family homes, or even commercial ventures. With a total area of 16.5 acres, the property offers ample space for a substantial development. The asking price is $1,590,000, translating to a price per acre of $96,363. The property's APN is 073056 00904. The sale terms require cash to the seller. This prime location, combined with the significant acreage and versatile zoning, makes this property an attractive proposition for investors seeking high-return opportunities in a rapidly growing area. The property's proximity to Roane State Community College ensures a consistent demand for housing and other related services. Don't miss this chance to acquire a substantial piece of land with exceptional development potential in a thriving Tennessee community. The address is Roane State Hwy, Harriman, TN 37748.

    Property Features for 0 Roane State Hwy

    General Information

    Property type
    Land
    Lot Size
    718,740 SF

    HighLights

    • Vacant land for sale totaling 16.5 acres.
    • Suitable for multi‑family, office, or residential development.
    • $1,590,000 asking price.
    • $96,363 per acre.
    • Cash sale only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Harriman
    County
    Roane
    State
    Tennessee
    Longitude
    -84.5982869
    Latitude
    35.868431

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    FAQs

    What type of property is this?
    Land - Prime 16.5-acre residential land near Roane State. Ideal for development.
    Where is this land located?
    The property is located at Roane State Hwy Harriman, TN.
    What is the asking price?
    The asking price for this property is $1,590,000.
    What are key features of this property?
    This property features: Vacant land for sale totaling 16.5 acres.; Suitable for multi-family, office, or residential development.; $1,590,000 asking price.
    (865) 342-8716
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    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
    Roane State Hwy Harriman, TN 37748
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