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    856 Highway 411 Etowah, TN 37331

    For Sale
    $815,000

    Prime Hwy 411 Retail Space, $815,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8,600 square foot retail building, located at 856 Hwy 411 in Etowah, Tennessee (zip code 37331), presents a compelling investment opportunity. Currently configured as a pharmacy, this versatile space offers ample room for a variety of retail concepts. Situated on a high-visibility corner of Highway 411, the property benefits from significant foot and vehicular traffic. The building is modern, well-maintained, and includes ample parking for customers and employees. Its commercial zoning allows for flexible business operations. The property's location in Etowah, a town experiencing growth fueled by heritage tourism and its proximity to the Great Smoky Mountains, offers strong potential for a high return on investment. The area boasts convenient access to local amenities, including the L&N Train Depot Museum and the Hiwassee River. Furthermore, this property is designated as an Opportunity Zone, providing potential tax advantages for qualified investors. The building's layout is adaptable to various retail uses, making it an ideal choice for entrepreneurs seeking a thriving location with excellent visibility and accessibility. The property is ready for immediate occupancy.

    Property Features for 856 Highway 411

    General Information

    Property type
    Individual retail properties

    HighLights

    • Opportunity Zone designation offering potential tax advantages.
    • Excellent visibility from Highway 411.
    • 8,600 SF retail building ideal for various retail uses.
    • Commercially zoned for flexible business operations.
    • Prime Highway 411 location ensures high visibility and traffic.
    • Modern, well‑maintained building ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Gizachew Seyoum Pharmacy Garry S. Shipp, ... Pharmacy Alfred Beightol Pharmacy Colleen Mccoy Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Etowah
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.520826746508
    Latitude
    35.341842328347

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    FAQs

    What type of property is this?
    Individual retail property - Prime Hwy 411 Retail Space, $815,000
    Where is this individual retail property located?
    The property is located at 856 Highway 411 Etowah, TN.
    What is the asking price?
    The asking price for this property is $815,000.
    What are key features of this property?
    This property features: Opportunity Zone designation offering potential tax advantages.; Excellent visibility from Highway 411.; 8,600 SF retail building ideal for various retail uses.
    (865) 777-3030
    Request Owner's contact information
    856 Highway 411 Etowah, TN 37331
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    Etowah, TN 37331
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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
    856 Highway 411 Etowah, TN 37331
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