2601 Davy Crockett Pkwy Morristown, TN 37814
This exceptional 2.56-acre commercial land parcel, located at 2601 N Davy Crockett Parkway in Morristown, Tennessee, presents a compelling investment opportunity. Priced at $197,000, this property boasts a highly visible location along a major thoroughfare experiencing 15,000 cars daily, ensuring significant exposure for any development. The mostly flat topography and wooded setting offer a desirable canvas for various commercial ventures. Its suitability for multiple uses, including but not limited to convenience stores, storage facilities, and dollar stores, makes it an incredibly versatile asset. The property's convenient proximity to both Morristown and Bean Station further enhances its appeal, providing easy access to a substantial customer base. The site is adjacent to an established residential neighborhood, offering a built-in customer base and potential for synergistic development. This prime location and versatile zoning make this a rare opportunity for investors seeking high-traffic commercial land in a thriving Tennessee community. The property is situated in Hamblen County, Tennessee, zip code 37814. The coordinates are 36.2538997 latitude and -83.2772049 longitude.
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
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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.