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    Hwy 11E Jonesborough, TN 37659

    Sponsored
    For Sale
    $360,000

    Prime 12-acre TN tract, high traffic, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12-acre property, located on Highway 11E in Jonesborough, Tennessee (zip code 37659), presents a unique investment opportunity. Boasting over 500 feet of road frontage, this parcel enjoys significant visibility and accessibility, with an estimated 20,000 vehicles passing daily. The property's A-1 zoning permits a variety of uses, making it ideal for a diverse range of commercial ventures. Its size and location lend themselves to a mixed-use development, potentially incorporating commercial spaces along the highway and multi-family residential units towards the rear. The APN is 090059 17801. This versatile land offers significant potential for developers and investors seeking a high-traffic location in a thriving Tennessee community. The asking price for this substantial parcel is $360,000. The property's diverse zoning allows for industrial, residential (including single-family, multi-family, and other residential types), office, retail, retail-pad, and self-storage uses. This presents a rare opportunity to acquire a large tract of land with exceptional visibility and flexibility in a desirable location.

    Property Features for 0 Hwy 11E

    General Information

    Property type
    Individual retail properties
    Lot Size
    522,720 SF

    HighLights

    • 12‑acre commercial parcel in Jonesborough, TN (37659), located on Highway 11E.
    • Over 500 feet of highway frontage with high daily traffic counts (approx. 20,000 vehicles).
    • A‑1 zoning allows for diverse commercial uses, including industrial, residential, office, retail, and self‑storage.
    • Suitable for mixed‑use development.
    • Asking price: $360,000.
    • APN: 090059 17801.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Map

    City
    Jonesborough
    County
    Washington
    State
    Tennessee
    Longitude
    -82.4887043
    Latitude
    36.2949343

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    FAQs

    What type of property is this?
    Individual retail property - Prime 12-acre TN tract, high traffic, mixed-use potential.
    Where is this individual retail property located?
    The property is located at Hwy 11E Jonesborough, TN.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: 12-acre commercial parcel in Jonesborough, TN (37659), located on Highway 11E.; Over 500 feet of highway frontage with high daily traffic counts (approx. 20,000 vehicles).; A-1 zoning allows for diverse commercial uses, including industrial, residential, office, retail, and self-storage.
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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
    Hwy 11E Jonesborough, TN 37659
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