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    Andrew Johnson Hwy Mosheim, TN 37743

    For Sale
    $1,500,000

    56 Acres, Development Ready, Opportunity Zone

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 56-acre farm in Greene County, Tennessee, presents a unique investment opportunity. Located near Greeneville (zip code 37743), this property boasts extensive road frontage on three sides: approximately 1,000 feet on 11E, over 1,300 feet on Hal Henard Road, and 544 feet on Old Knoxville Highway. City water is available, and city sewer approval is in place for development projects. The property is zoned B4, allowing for diverse business and residential uses. Its gentle topography makes nearly all 56 acres buildable, offering breathtaking views ideal for multiple dwellings. The property's location within an Opportunity Zone further enhances its investment potential. Priced at under $14,500 per acre, this is a compelling value proposition. The property also benefits from a Greenbelt tax designation, which transfers to the new owner. Beyond development, the existing 1900s farmhouse (requiring renovation), two large barns, a pond, and equipment storage offer potential for agricultural pursuits. This property is a rare find for both developers and those seeking a large East Tennessee farmstead. The property's address is TBD West Andrew Johnson Hwy.

    Property Features for 0 Andrew Johnson Hwy

    General Information

    Property type
    Farms
    Lot Size
    2,439,360 SF

    HighLights

    • 10+ Acres Available for Purchase
    • Stunning Mountain Views
    • Farmland Available
    • Greene County, TN Location
    • Greeneville, TN
    • Greenbelt Zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mosheim
    County
    Greene
    State
    Tennessee
    Longitude
    -82.9415989
    Latitude
    36.1866778

    Nearby Comparable

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    Nearby Similar for Sale

    • $1,703,226
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      Freestanding Retail Property in Mosheim, TN

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      Renovated Convenience Store with Inventory

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      View Details
    • $315,000
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      Mosheim Convenience Store & Building

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    FAQs

    What type of property is this?
    Farm - 56 Acres, Development Ready, Opportunity Zone
    Where is this farm located?
    The property is located at Andrew Johnson Hwy Mosheim, TN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 10+ Acres Available for Purchase; Stunning Mountain Views; Farmland Available
    Request Owner's contact information
    Andrew Johnson Hwy Mosheim, TN 37743
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    Mosheim, TN 37743
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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 Mosheim, TN 37743
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