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    2605 Andrew Johnson Hwy Greeneville, TN 37745

    For Sale
    $935,000

    2.3 Acres, B-4 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 2.3-acre commercial land parcel is strategically located at 2605 E. Andrew Johnson Highway in Greeneville, Tennessee, zip code 37745. Boasting a highly desirable B-4 zoning classification, this property presents a remarkable investment opportunity. The site benefits from exceptional visibility and accessibility, situated in a heavy retail area experiencing high traffic volume exceeding 33,000 vehicles daily. Priced at $935,000, or $406,522 per acre, this offering presents significant potential for various commercial developments. The seller is open to subdividing the parcel into two tracts of one acre or more, providing flexibility for potential buyers with varying needs and project scales. This prime location, combined with its zoning and high traffic count, makes this property an ideal choice for businesses seeking a prominent presence in a thriving Greene County market. The property's latitude and longitude coordinates are 36.1795839 and -82.7772472 respectively. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel offers.

    Property Features for 2605 Andrew Johnson Hwy

    General Information

    Property type
    Land
    Lot Size
    100,188 SF

    HighLights

    • 2.3 acres of commercial land.
    • High‑traffic retail location on E. Andrew Johnson Highway.
    • Owner will consider subdividing into two 1+ acre parcels.
    • B‑4 zoning.
    • Over 33,000 vehicles per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greeneville
    County
    Greene
    State
    Tennessee
    Longitude
    -82.7772472
    Latitude
    36.1795839

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    FAQs

    What type of property is this?
    Land - 2.3 Acres, B-4 Zoning, High Traffic
    Where is this land located?
    The property is located at 2605 Andrew Johnson Hwy Greeneville, TN.
    What is the asking price?
    The asking price for this property is $935,000.
    What are key features of this property?
    This property features: 2.3 acres of commercial land.; High-traffic retail location on E. Andrew Johnson Highway.; Owner will consider subdividing into two 1+ acre parcels.
    (865) 531-6400
    Request Owner's contact information
    2605 Andrew Johnson Hwy Greeneville, TN 37745
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    Greeneville, TN 37745
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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
    2605 Andrew Johnson Hwy Greeneville, TN 37745
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