0 Eagle Feather Dr Jasper, TN 37347
This fully permitted 14.63-acre commercial land parcel presents a prime opportunity for a truck stop development. Strategically located off Interstate 24 in Jasper, Tennessee, this site boasts exceptional visibility and accessibility with 48,624 vehicles passing daily. The site plan includes a 15,000 sq ft convenience store, a 14,725 sq ft repair shop, 72 truck parking spaces, 40 car parking spaces, 10 EV charging stations, 5 diesel lanes, 10 gas pumps, and a CAT scale. Its proximity to Parkridge West Hospital, a 275-bed facility, creates a captive market for fuel, convenience items, and services. The area shows strong growth with limited competition, featuring 2.9 million square feet of industrial space and 1.6 million square feet of retail space within a 10-mile radius, both with low vacancy rates. Numerous residential developments, including apartment complexes and new home communities, surround the property, further supporting the potential for high traffic volume. The location is approximately 25 miles west of Chattanooga, Tennessee, and roughly equidistant from Nashville and Atlanta, placing it on a major trucking route between these significant metropolitan areas. This offering represents a rare opportunity to capitalize on the high demand for truck stop services in a rapidly growing region. The property is offered fee simple. Asking price is $5,000,000.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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