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    Hunters Xing Dr & Middlesettlements Rd Alcoa, TN 37701

    Sponsored
    For Sale
    $1,039,000

    1.27-acre prime commercial lot in Alcoa, TN.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.27-acre commercial lot, identified as Lot 3 in the Hunters Crossing development, presents a unique investment opportunity in Alcoa, Tennessee. Situated at the intersection of Hunters Crossing Drive and Middlesettlements Road, this property boasts unparalleled visibility and accessibility. Its prime location within Blount County places it at the heart of the Maryville/Alcoa retail corridor, enjoying significant synergy with established big-box retailers such as Walmart, Lowe's, Ross, Michael's, and Dick's Sporting Goods. The lot is directly adjacent to a newly constructed Weigel's convenience store, further enhancing its retail appeal. Adding to its desirability, a new multi-family development is currently under construction across the street, promising increased foot traffic and a growing residential base. Alcoa, TN is a thriving area characterized by strong employment opportunities, high household incomes, and excellent schools, making this a highly attractive location for commercial development. The asking price for this exceptional property is $1,039,000. This 1.27-acre parcel offers significant potential for a variety of commercial uses, capitalizing on its strategic location and the robust growth of the surrounding area. Don't miss this chance to secure a premier commercial lot in a rapidly developing market.

    Property Features for 0 Hunters Xing Dr & Middlesettlements Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    55,321 SF

    HighLights

    • 1.27‑acre (±) commercial lot for sale in Alcoa, TN's prime retail area.
    • Adjacent to a new Weigel's convenience store.
    • Excellent retail location near Walmart, Lowe's, Ross, Michaels, and Dick's Sporting Goods.
    • Across from a new multi‑family development.
    • High‑growth area with strong demographics.
    • High visibility and convenient access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alcoa
    County
    Blount
    State
    Tennessee
    Longitude
    -83.9797173
    Latitude
    35.7919891

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    FAQs

    What type of property is this?
    Multifamily property - 1.27-acre prime commercial lot in Alcoa, TN.
    Where is this multifamily property located?
    The property is located at Hunters Xing Dr & Middlesettlements Rd Alcoa, TN.
    What is the asking price?
    The asking price for this property is $1,039,000.
    What are key features of this property?
    This property features: 1.27-acre (±) commercial lot for sale in Alcoa, TN's prime retail area.; Adjacent to a new Weigel's convenience store.; Excellent retail location near Walmart, Lowe's, Ross, Michaels, and Dick's Sporting Goods.
    Request Owner's contact information
    Hunters Xing Dr & Middlesettlements Rd Alcoa, TN 37701
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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
    Hunters Xing Dr & Middlesettlements Rd Alcoa, TN 37701
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