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    1111 5Th St Jellico, TN 37762

    Sponsored
    For Sale
    $299,000

    High-traffic commercial land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.3-acre commercial land parcel presents a unique investment opportunity in Jellico, Tennessee. Located at 1111 5th St, 37762, this property boasts a highly visible position just off Highway 25W, providing easy access to the I-75/Exit 160 interchange. Its strategic location offers unparalleled exposure to a significant volume of daily traffic. The asking price is $299,000, translating to $130,000 per acre, reflecting the land's exceptional value and potential. The property's APN is 007004N A 01300. This prime commercial site is situated adjacent to an Arby's restaurant and directly across from McDonald's and Wendy's, ensuring high visibility and proximity to established businesses. This advantageous location makes it ideal for a variety of commercial ventures, offering significant potential for growth and return on investment. The property is zoned for commercial use (further zoning verification is recommended). Don't miss this chance to acquire a highly desirable commercial property in a thriving location. Serious inquiries only.

    Property Features for 1111 5Th St

    General Information

    Property type
    Land
    Lot Size
    100,188 SF

    HighLights

    • 2.3‑acre commercial land parcel in Jellico, TN.
    • Located at 1111 5th St, Jellico, TN 37762, with high visibility off Highway 25W, near I‑75/Exit 160.
    • Asking price: $299,000 ($130,000/acre).
    • APN: 007004N A 01300.
    • Excellent location near Arby's, McDonald's, and Wendy's.
    • Commercially zoned (buyer to verify).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jellico
    County
    Campbell
    State
    Tennessee
    Longitude
    -84.1145054
    Latitude
    36.5802905

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    FAQs

    What type of property is this?
    Land - High-traffic commercial land, prime location.
    Where is this land located?
    The property is located at 1111 5Th St Jellico, TN.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 2.3-acre commercial land parcel in Jellico, TN.; Located at 1111 5th St, Jellico, TN 37762, with high visibility off Highway 25W, near I-75/Exit 160.; Asking price: $299,000 ($130,000/acre).
    Request Owner's contact information
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    Jellico, TN 37762
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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
    1111 5Th St Jellico, TN 37762
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