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    12914 Tn-58 Georgetown, TN 37336

    For Sale
    $997,700

    Prime 2.72-Acre C-2 Zoned Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.72-acre commercial lot sits at the signalized intersection of Highways 58 and 60 in Georgetown, Tennessee, boasting a combined daily traffic count of 12,133 vehicles. Zoned C-2, this property offers unparalleled development potential, with permitted uses including fast food, medical offices, pharmacies, retail, and more. Convenient ingress and egress points are available on both highways. The lot is level and partially cleared, simplifying development. A small building currently leased month-to-month to a local restaurant is situated on the property

    Property Features for 12914 Tn-58

    General Information

    Property type
    Land
    Lot Size
    118,483 SF

    HighLights

    • C‑2 zoning.
    • High‑visibility corner lot at a signalized intersection of Hwy 58 and Hwy 60, offering excellent ingress/egress.
    • Located within one mile of a major TVA development.
    • 2.7+ acres of level, partially cleared land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Georgetown
    County
    Hamilton
    State
    Tennessee
    Longitude
    -84.9590969
    Latitude
    35.3008208

    FAQs

    What type of property is this?
    Land - Prime 2.72-Acre C-2 Zoned Land
    Where is this land located?
    The property is located at 12914 Tn-58 Georgetown, TN.
    What is the asking price?
    The asking price for this property is $997,700.
    What are key features of this property?
    This property features: C-2 zoning.; High-visibility corner lot at a signalized intersection of Hwy 58 and Hwy 60, offering excellent ingress/egress.; Located within one mile of a major TVA development.
    Request Owner's contact information
    12914 Tn-58 Georgetown, TN 37336
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    Georgetown, TN 37336
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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
    12914 Tn-58 Georgetown, TN 37336
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