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    606 Gallaher Rd Kingston, TN 37763

    Sponsored
    For Sale
    $1,750,000

    High-traffic retail pad, 2.09 acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.09-acre commercial land parcel presents a prime investment opportunity in Kingston, Tennessee. Strategically located off I-40 along the bustling Gallaher Road corridor, this level tract boasts exceptional visibility and accessibility. With over 11,000 vehicles traveling daily between Oak Ridge and the site, this location guarantees high traffic volume, making it ideal for a variety of commercial ventures. The property is zoned C-2 Highway Commercial, allowing for diverse development options, including hotels/motels, restaurants, convenience stores, gas stations, and other commercial uses. The parcel's size, zoning, and location combine to create a rare opportunity for significant return on investment. The property's APN is 073060 00900, and it's situated at 606 Gallaher Rd, Kingston, TN 37763. The asking price is $1,750,000, translating to $837,320 per acre, reflecting the land's premium location and development potential. This is a truly exceptional opportunity to acquire a high-visibility commercial property in a rapidly growing area. Don't miss out on this chance to secure a piece of prime Tennessee real estate.

    Property Features for 606 Gallaher Rd

    General Information

    Property type
    Individual retail properties
    Lot Size
    91,040 SF

    HighLights

    • $1,750,000 asking price for 2.09 acres of commercial land.
    • Located in Kingston, TN (Roane County), at 606 Gallaher Rd, zip code 37763.
    • C‑2 Highway Commercial zoning.
    • Land value: $837,320 per acre.
    • APN: 073060 00900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Food Market HVAC Service Storage Facility Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingston
    County
    Roane
    State
    Tennessee
    Longitude
    -84.4397898
    Latitude
    35.8731107

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail pad, 2.09 acres
    Where is this individual retail property located?
    The property is located at 606 Gallaher Rd Kingston, TN.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: $1,750,000 asking price for 2.09 acres of commercial land.; Located in Kingston, TN (Roane County), at 606 Gallaher Rd, zip code 37763.; C-2 Highway Commercial zoning.
    Request Owner's contact information
    606 Gallaher Rd Kingston, TN 37763
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    Kingston, TN 37763
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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
    606 Gallaher Rd Kingston, TN 37763
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