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    122 Amhurst Pl Englewood, TN 37329

    For Sale
    $290,000

    1.56-acre commercial lot, Hwy 411 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.56-acre commercial land parcel presents a prime investment opportunity in Englewood, Tennessee. Strategically located on Highway 411, this property boasts excellent visibility and accessibility. The asking price is $290,000. The lot's size offers ample space for a variety of commercial developments, making it suitable for businesses seeking a prominent location with high traffic exposure. Its convenient proximity to Interstate 75 (exit 49, approximately 11 miles east) ensures easy access for customers and employees. Detailed driving directions are available: From I-75 exit 49, proceed east on TN-30 E for 5.1 miles. Turn left onto TN-39 E/New Englewood Rd and continue for 5.7 miles. Turn left to remain on TN-39 E, then turn right onto Englewood Ave. The property is situated in McMinn County, Tennessee, with the address listed as 122 S Amhurst Place, Englewood, TN 37329. This location offers significant potential for growth and return on investment. The property is classified as commercial land and is ready for development. Seize this chance to acquire a highly desirable commercial property in a thriving Tennessee community.

    Property Features for 122 Amhurst Pl

    General Information

    Property type
    Land
    Lot Size
    67,954 SF

    HighLights

    • 1.56‑acre commercial land parcel in Englewood, TN, priced at $290,000.
    • High‑visibility location on Highway 411 with excellent accessibility.
    • Ample space for diverse commercial development opportunities.
    • Convenient proximity to I‑75 (exit 49, ~11 miles).
    • Located at 122 S Amhurst Place, Englewood, TN 37329, in McMinn County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Hair Salon Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Pharmacy Kitchen & Bath Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.482998
    Latitude
    35.4265

    Nearby Similar for Sale

    • $775,000
      9,100 SF

      Englewood Commercial Property

      9100 SF Multi-Use Building, Vacant
      3190 Us-411, Englewood, TN 37329
      View Details

    FAQs

    What type of property is this?
    Land - 1.56-acre commercial lot, Hwy 411 access.
    Where is this land located?
    The property is located at 122 Amhurst Pl Englewood, TN.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: 1.56-acre commercial land parcel in Englewood, TN, priced at $290,000.; High-visibility location on Highway 411 with excellent accessibility.; Ample space for diverse commercial development opportunities.
    (865) 450-8883
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    122 Amhurst Pl Englewood, TN 37329
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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
    122 Amhurst Pl Englewood, TN 37329
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