11E And Odyssey Rd Jefferson City, TN 37760
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 11E And Odyssey Rd
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 1-acre commercial parcel presents a unique investment opportunity in Jefferson City. Ideal for build-to-suit development or a ground lease, this property offers significant potential for various commercial uses, including retail, restaurant, or office space. Located on a traffic-signalized corner, it benefits from high visibility and accessibility, boasting impressive traffic counts exceeding 20,000 vehicles daily on nearby E. Broadway Blvd and TN-92. Its strategic location minutes from Morristown, a growing residential area, and in close proximity to Carson Newman College ensures a robust customer base. The site is surrounded by established businesses, including Walmart, Lowe's, TVA Credit Union, and Jefferson Memorial Hospital, further enhancing its desirability. Strong demographics support the area's economic vitality, with a 3-mile radius population exceeding 14,000 and a 5-mile radius population of over 22,000, boasting an average household income exceeding $79,000. A ground lease option is available at $60,000 annually. This prime location and high traffic volume make this a truly exceptional opportunity for a discerning investor seeking significant return.
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
- Jefferson City
- County
- Jefferson
- State
- Tennessee
- Longitude
- -83.464
- Latitude
- 36.1295
