11E And Odyssey Rd Jefferson City, TN 37760
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.