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    Rutledge Pike Blaine, TN 37709

    For Sale
    $5,989,000

    Prime Commercial Land, Blaine, TN. Ready for Development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 172.53-acre commercial land parcel presents a significant development opportunity in Blaine, Tennessee. Strategically located near Food City, this property boasts extensive pre-existing grading work, significantly reducing site preparation costs. Its history as a quarry provides a solid foundation for various commercial ventures. The expansive acreage allows for the creation of several large retail pads, making it ideal for a mixed-use development or a large-scale single-tenant project. The seller is willing to collaborate on further grading to meet specific development needs and is open to the possibility of subdividing the land to accommodate multiple buyers or projects. The property's location in Blaine, TN, zip code 37709, offers excellent access to transportation routes and a growing consumer base. This is a rare opportunity to acquire a large, well-situated commercial tract ready for immediate development. The asking price is $5,989,000. The property is located on Rutledge Pike in Grainger County.

    Property Features for 0 Rutledge Pike

    General Information

    Property type
    Land
    Lot Size
    7,515,407 SF

    HighLights

    • 172.53‑acre commercial land parcel in Blaine, TN (37709) for $5,989,000.
    • Excellent location near Food City with significant pre‑existing grading.
    • Former quarry site provides a solid foundation for various commercial uses.
    • Suitable for large‑scale retail development (mixed‑use or single‑tenant).
    • Seller open to further grading and potential subdivision.
    • Located on Rutledge Pike in Grainger County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    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 Commercial Land, Blaine, TN. Ready for Development.
    Where is this land located?
    The property is located at Rutledge Pike Blaine, TN.
    What is the asking price?
    The asking price for this property is $5,989,000.
    What are key features of this property?
    This property features: 172.53-acre commercial land parcel in Blaine, TN (37709) for $5,989,000.; Excellent location near Food City with significant pre-existing grading.; Former quarry site provides a solid foundation for various commercial uses.
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    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
    Rutledge Pike Blaine, TN 37709
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