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    Andrew Johnson Hwy Greeneville, TN 37745

    Sponsored
    For Sale
    $350,000

    Prime location, high traffic, multiple uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.31-acre commercial land parcel presents a rare investment opportunity in Greeneville, Tennessee. Located on W Andrew Johnson Highway, this property boasts a highly desirable location with excellent visibility and accessibility. The site enjoys over 800 feet of road frontage, providing multiple access points and significant exposure to the estimated 30,000 daily vehicles. Zoned B-4 Arterial Business, the permitted uses are extensive and include, but are not limited to: gasoline stations, grocery stores, shopping centers, malls, multi-family dwellings, retail spaces, hotels, motels, restaurants, offices, amusement facilities, assembly areas, public buildings, lodges, clubs, parks, and warehousing. This versatile zoning allows for a wide range of development possibilities. Public water and sewer services are readily available, simplifying infrastructure needs. The property's strategic location offers convenient access to major highways including 321, 411, 93, 160, and 81, placing it within easy reach of the Tri-Cities, Morristown, and Jefferson City. Detailed zoning documents are available upon request. This is a first-time offering of a truly exceptional commercial land opportunity. The APN is 098D A 008.00. The asking price is $350,000.

    Property Features for 0 Andrew Johnson Hwy

    General Information

    Property type
    Land
    Lot Size
    231,304 SF

    HighLights

    • $350,000 asking price.
    • 5.31‑acre commercial land parcel.
    • Located on W Andrew Johnson Hwy, Greeneville, TN 37745 (APN: 098D A 008.00).
    • Zoned B‑4 Arterial Business, allowing for various commercial uses.
    • High traffic location (30,000+ daily vehicles), over 800 feet of road frontage, and multiple access points.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greeneville
    County
    Greene
    State
    Tennessee
    Longitude
    -82.8893808
    Latitude
    36.172563

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    FAQs

    What type of property is this?
    Land - Prime location, high traffic, multiple uses.
    Where is this land located?
    The property is located at Andrew Johnson Hwy Greeneville, TN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 5.31-acre commercial land parcel.; Located on W Andrew Johnson Hwy, Greeneville, TN 37745 (APN: 098D A 008.00).
    (865) 361-9190
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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
    Andrew Johnson Hwy Greeneville, TN 37745
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