2606 Andrew Johnson Hwy Morristown, TN 37814
- Land
- 3.96 lot acres
Current Use by Public Records
- Land
Property Details for 2606 Andrew Johnson Hwy
- Lot size
- 3.96 lot acres
- Property type
- Land
Description
This exceptional 3.96-acre commercial land parcel in Morristown, Tennessee, presents a unique investment opportunity. Located on the heavily trafficked W Andrew Johnson Highway (over 39,000 vehicles per day), this property boasts 200 feet of prime road frontage. Its strategic location offers unparalleled visibility and accessibility for a diverse range of commercial uses, including quick-service restaurants (QSRs), banks, and general retail establishments. The seller is open to subdividing the land to accommodate specific tenant requirements. Adding to its appeal, the property sits adjacent to a significant residential development currently underway. This development, comprising 110 multifamily units, 89 single-family homes, and 90 townhomes, will significantly increase daily traffic flow, creating a robust customer base for future tenants. The residential development will share access to the highway via this property's access road, further enhancing its value. The property includes approximately 2 acres of highway frontage and 2 acres to the rear. All deal structures are considered, and preliminary site layouts are available for review. The property is situated in Hamblen County, Tennessee, with a Morristown address and zip code 37814.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morristown
- County
- Hamblen
- State
- Tennessee
- Longitude
- -83.3294
- Latitude
- 36.2029
