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    Davy Crockett Pkwy Morristown, TN 37813

    For Sale
    $300,000

    1.08-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.08-acre commercial land parcel presents a unique investment opportunity in Morristown, Tennessee. Strategically located on S Davy Crockett Parkway, this property boasts excellent visibility and accessibility. Situated less than half a mile from Exit 8 on I-81, it benefits from high traffic counts and convenient access for customers and employees. The lot enjoys direct frontage on S Davy Crockett Parkway, ensuring strong brand visibility. Additional access is provided via the intersecting Thoroughbred Run Road. The property's advantageous position is further enhanced by its proximity to established businesses, including a Best Western and a Hampton Inn. This thriving area is experiencing significant growth fueled by the recent additions of several worldwide manufacturers and national retailers. The site is also conveniently located near the new Van Hool Manufacturing facility, adding to its long-term potential. This prime commercial land offers a compelling opportunity for developers and investors seeking a foothold in a dynamic and expanding market. The asking price is $300,000. The property is zoned for commercial use (verification required). The zip code is 37813, located in Hamblen County.

    Property Features for 0 Davy Crockett Pkwy

    General Information

    Property type
    Land
    Lot Size
    47,045 SF

    HighLights

    • High‑visibility site on S Davy Crockett Parkway in Morristown, TN.
    • Less than half a mile from I‑81 Exit 8.
    • Excellent visibility from S Davy Crockett Parkway.
    • Accessible via Thoroughbred Run Road.
    • Located between Best Western and Hampton Inn hotels.
    • Strong growth potential due to new manufacturers and national retailers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.278358
    Latitude
    36.139946

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    FAQs

    What type of property is this?
    Land - 1.08-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Davy Crockett Pkwy Morristown, TN.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: High-visibility site on S Davy Crockett Parkway in Morristown, TN.; Less than half a mile from I-81 Exit 8.; Excellent visibility from S Davy Crockett Parkway.
    (865) 320-0609
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    Davy Crockett Pkwy Morristown, TN 37813
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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
    Davy Crockett Pkwy Morristown, TN 37813
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