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    2220 Roane State Hwy Harriman, TN 37748

    Sponsored
    For Sale
    $399,000

    High-traffic corner lot, diverse uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 0.71-acre commercial property at 2220 Roane State Hwy in Harriman, Tennessee, is offered at $399,000. Zoned 073046F A 01300, it boasts a prime location next to the entrance of Roane State Hospital, presenting exceptional visibility and accessibility. Its versatility allows for a wide range of uses, including medical offices, walk-in clinics, restaurants, general office spaces, or even a bank. The property's strategic placement offers significant advantages, with proximity to a Kroger shopping center and a Lowe's home improvement store just one minute away, ensuring high foot traffic and customer convenience. The land value, calculated at $561,971 per acre, reflects the property's considerable potential for return on investment. This exceptional opportunity combines a desirable location with diverse development possibilities, making it an attractive investment for discerning buyers. The property's address is 2220 Roane State Hwy, Harriman, TN 37748.

    Property Features for 2220 Roane State Hwy

    General Information

    Property type
    Land
    Lot Size
    30,928 SF

    HighLights

    • 0.71‑acre commercial lot at 2220 Roane State Hwy, Harriman, TN 37748, listed at $399,000.
    • Zoned 073046F A 01300, offering versatile use options including medical, retail, and office.
    • High visibility location adjacent to Roane State Hospital, with proximity to Kroger and Lowe's.
    • Land value estimated at $561,971 per acre, indicating strong ROI potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harriman
    County
    Roane
    State
    Tennessee
    Longitude
    -84.552558
    Latitude
    35.8883859

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, diverse uses.
    Where is this land located?
    The property is located at 2220 Roane State Hwy Harriman, TN.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 0.71-acre commercial lot at 2220 Roane State Hwy, Harriman, TN 37748, listed at $399,000.; Zoned 073046F A 01300, offering versatile use options including medical, retail, and office.; High visibility location adjacent to Roane State Hospital, with proximity to Kroger and Lowe's.
    Request Owner's contact information
    2220 Roane State Hwy Harriman, TN 37748
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    Harriman, TN 37748
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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
    2220 Roane State Hwy Harriman, TN 37748
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