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    1 Andrew Johnson Hwy Greeneville, TN 37745

    For Sale
    $130,000

    0.6-acre lot, high visibility, $130,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.6-acre commercial land parcel presents a unique investment opportunity in Greeneville, Tennessee. Located at Lot 1, West Andrew Johnson Highway, 37745, this property boasts a highly desirable location on the 11E bypass, ensuring maximum visibility and accessibility for any business. Zoned M1, the land is level and ready for immediate development, eliminating costly site preparation. The property's size offers ample space for a variety of commercial ventures, making it an ideal choice for entrepreneurs and investors seeking a strategic location with high growth potential. Its prime position on a major thoroughfare guarantees significant exposure to a large volume of daily traffic. This is a rare chance to acquire a buildable commercial lot in a thriving area, offering significant return on investment. An adjoining lot is also available, providing the potential for expansion or a larger development project. The asking price is $130,000. This property is perfect for businesses seeking high visibility and easy access to a large customer base. Don't miss this opportunity to secure a prime commercial location in Greeneville.

    Property Features for 1 Andrew Johnson Hwy

    General Information

    Property type
    Land
    Lot Size
    26,136 SF
    Property Profile 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
    -82.8893808
    Latitude
    36.172563

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    FAQs

    What type of property is this?
    Land - 0.6-acre lot, high visibility, $130,000
    Where is this land located?
    The property is located at 1 Andrew Johnson Hwy Greeneville, TN.
    What is the asking price?
    The asking price for this property is $130,000.
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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
    1 Andrew Johnson Hwy Greeneville, TN 37745
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