0 Andrew Johnson Hwy Greeneville, TN 37745
This exceptional 2-acre commercial lot presents a remarkable investment opportunity in Greeneville, Tennessee. Located on East Andrew Johnson Highway (Highway 11E), this property boasts high visibility and convenient access to major thoroughfares. The site is situated in a thriving commercial area, directly adjacent to a Zoomers Exxon convenience store and within close proximity to established businesses such as Aldi, Walmart, and Eastman Credit Union. The level, cleared land is ready for immediate development, eliminating costly site preparation. With over 400 feet of frontage on East Andrew Johnson Highway, this property offers significant exposure to a high volume of daily traffic. The B1 zoning allows for a diverse range of commercial uses, including retail, restaurants, medical facilities, and financial services. All utilities are readily available, simplifying the development process. The property's location at the Greeneville city limit, within the town of Tusculum, provides a strategic advantage for businesses seeking a prominent presence in this growing market. The asking price is $795,000, representing a price per acre of $397,500. The parcel number is 030088 09901. This is a rare opportunity to acquire a prime commercial lot in a high-traffic area with excellent visibility and development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.