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    8646 Tn-58 Harrison, TN 37341

    For Sale
    $1,400,000

    7 Acres, Hwy 58, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 7-acre commercial land parcel presents a remarkable investment opportunity in Harrison, Tennessee. Located at 8646 TN-58, this property boasts nearly 1,000 feet of road frontage on Highway 58, providing unparalleled visibility and accessibility. Its strategic location directly adjacent to a Food City supermarket ensures high traffic volume and excellent exposure for any commercial venture. The property is zoned C-3, allowing for a diverse range of uses, including commercial, retail, office, and residential development, such as multi-family dwellings and townhomes. Utilities are readily available, with water service already in place and sewer connection conveniently located on the southwest corner of the property. Adding to its appeal, a new subdivision featuring homes priced over $450,000 is situated directly behind the land, indicating a strong and affluent surrounding community. Two convenient access points are available from Highway 58, one directly from the highway and another via a shared easement with Food City, ensuring easy ingress and egress. The asking price for this exceptional property is $1,400,000. This is a rare opportunity to acquire a highly desirable commercial site in a thriving area with significant growth potential. Don't miss out on this chance to secure a prime location for your next business venture. The property is located in Hamilton County, Tennessee, zip code 37341.

    Property Features for 8646 Tn-58

    General Information

    Property type
    Land
    Lot Size
    304,920 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Harrison
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.0755493
    Latitude
    35.1708975

    FAQs

    What type of property is this?
    Land - 7 Acres, Hwy 58, High Visibility
    Where is this land located?
    The property is located at 8646 Tn-58 Harrison, TN.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (423) 667-6204
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    8646 Tn-58 Harrison, TN 37341
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    Harrison, TN 37341
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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
    8646 Tn-58 Harrison, TN 37341
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