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    Buttermilk Rd Kingston, TN 37763

    For Sale
    $700,000

    Prime 2-acre commercial lot, I-2 zoning, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 2-acre commercial property, located at Buttermilk Rd. in Kingston, Tennessee (zip code 37763), presents a unique investment opportunity. Situated at a prominent corner location near the intersection of Buttermilk Rd. and I-40, this parcel enjoys high visibility and accessibility. The property's APN is 073050 02426. Its strategic location at the west entrance to the Roane County Industrial Park places it in close proximity to major employers such as Volkswagen and H.t. Hackney, ensuring a robust customer base. Zoned I-2, this land offers a wide range of permitted uses, including retail sales, services, and more. Ideal for a gas station, convenience store, fast-food restaurant, or other commercial ventures, this site is ready for development. The asking price is $700,000, representing a land value of $350,000 per acre. Don't miss this chance to acquire a highly desirable commercial lot in a thriving Tennessee community.

    Property Features for 0 Buttermilk Rd

    General Information

    Property type
    Individual retail properties
    Lot Size
    87,120 SF

    HighLights

    • $700,000 asking price for 2 acres of commercial land.
    • Located in Kingston, TN, with APN 073050 02426.
    • I‑2 zoning allows for retail sales and services.
    • $350,000 per acre land value.
    • Situated at the west entrance to Roane County Industrial Park, near Volkswagen and H.T. Hackney.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Kingston
    County
    Roane
    State
    Tennessee
    Longitude
    -84.4592701
    Latitude
    35.8530782

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    FAQs

    What type of property is this?
    Individual retail property - Prime 2-acre commercial lot, I-2 zoning, excellent location.
    Where is this individual retail property located?
    The property is located at Buttermilk Rd Kingston, TN.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: $700,000 asking price for 2 acres of commercial land.; Located in Kingston, TN, with APN 073050 02426.; I-2 zoning allows for retail sales and services.
    Request Owner's contact information
    Buttermilk Rd 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
    Buttermilk Rd Kingston, TN 37763
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