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    500 Broadway Blvd Jefferson City, TN 37760

    For Sale
    $850,000

    Prime .69-acre retail redevelopment site

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 30,000 square foot vacant land parcel, priced at $28.33 per square foot, presents a unique redevelopment opportunity in Jefferson City, Tennessee. Located at 500 E. Broadway Blvd, this Class A property boasts a highly visible location on a main arterial road, East Broadway Boulevard, near the signalized intersection with North Chucky Pike. The site offers excellent visibility and accessibility with multiple ingress and egress points, benefiting from approximately 20,000 vehicles per day. The strong retail environment is anchored by national brands including Walmart, Lowe's, AT&T, and many others. This thriving area also features numerous quick-service restaurants such as Arby's, DQ, Zaxby's, Hardee's, Bojangles, and Pal's, creating a robust and established commercial corridor. The 0.69-acre lot provides ample space for a variety of retail developments, capitalizing on the high traffic counts and proximity to successful businesses. This is a vacant, for-sale-by-owner property, offering a chance to build a new retail establishment in a high-demand location. The property features two points of access, enhancing convenience and accessibility for customers.

    Property Features for 500 Broadway Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    30,000 SF
    Class
    A
    Lot Size
    30,056 SF

    HighLights

    • 0.69‑acre vacant land parcel in Jefferson City, TN, priced at $28.33/SF.
    • High‑visibility location on E. Broadway Blvd, near N. Chucky Pike intersection, with 20,000 vehicles per day.
    • Excellent visibility and accessibility with two points of access.
    • Strong retail environment anchored by national brands like Walmart and Lowe's, and numerous QSRs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jefferson City's Finest ... Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jefferson City
    County
    Jefferson
    State
    Tennessee
    Longitude
    -83.471448213185
    Latitude
    36.124564148611

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    FAQs

    What type of property is this?
    Retail property - Prime .69-acre retail redevelopment site
    Where is this retail property located?
    The property is located at 500 Broadway Blvd Jefferson City, TN.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 0.69-acre vacant land parcel in Jefferson City, TN, priced at $28.33/SF.; High-visibility location on E. Broadway Blvd, near N. Chucky Pike intersection, with 20,000 vehicles per day.; Excellent visibility and accessibility with two points of access.
    (865) 777-3030
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    500 Broadway Blvd Jefferson City, TN 37760
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    Jefferson City, TN 37760
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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
    500 Broadway Blvd Jefferson City, TN 37760
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