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    Buttermilk Rd Kingston, TN 37763

    For Sale
    $1,600,000

    8.7-acre industrial land near I-40.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 8.7-acre parcel of I-2 zoned industrial land presents a prime opportunity for development in Roane County, Tennessee. Strategically located just off Interstate 40 at the new Buttermilk Road exit 362, this property enjoys unparalleled access to major transportation arteries. Its proximity to prominent businesses like Volkswagen and H.T. Hackney makes it an ideal site for a variety of commercial and industrial uses. The property is suitable for small to medium-sized manufacturing facilities or warehouse distribution centers, offering seamless logistics and efficient operations. The I-2 zoning also permits retail sales, expanding the potential uses for this versatile site. The asking price is $1,600,000, translating to $183,908 per acre. The property's address is Buttermilk Road, Kingston, TN 37763, with a tax ID/APN of 050 024.11. Cash purchase is preferred. The nearest major metropolitan area is Knoxville. This is a rare opportunity to acquire a well-situated industrial property with excellent access and diverse development potential. Don't miss this chance to secure a foothold in a thriving Tennessee market.

    Property Features for 0 Buttermilk Rd

    General Information

    Property type
    Land
    Lot Size
    378,972 SF

    HighLights

    • 8.70‑acre land parcel.
    • Offered at $1,600,000.
    • Land price: $183,908 per acre.
    • Cash purchase only.
    • Knoxville MSA.
    • Tax ID: 050 024.11.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kingston
    County
    Roane
    State
    Tennessee
    Longitude
    -84.4592701
    Latitude
    35.8530782

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    FAQs

    What type of property is this?
    Land - 8.7-acre industrial land near I-40.
    Where is this land located?
    The property is located at Buttermilk Rd Kingston, TN.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 8.70-acre land parcel.; Offered at $1,600,000.; Land price: $183,908 per acre.
    Request Owner's contact information
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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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