Highway 11E New Market, TN 37760
- Land
Current Use by Public Records
- Land
Property Details for 0 Highway 11E
- Property type
- Land
Description
This exceptional commercial land parcel, located at 1139 Hwy 11E in Jefferson City, Tennessee (zip code 37760), presents a compelling investment opportunity. Priced at $450,000, this property boasts significant frontage on Highway 11E, a major thoroughfare situated conveniently between Morristown and Jefferson City. The lot features an advantageous east-west crossover access point from the old Andrew Johnson Highway, enhancing accessibility and visibility. Its strategic location makes it exceptionally well-suited for a variety of retail businesses, with a potential tenant profile including, but not limited to, stores such as Dollar General. The property's utility infrastructure is already in place, with water and sewer services readily available. While property taxes will be determined following subdivision, this aspect presents an opportunity for cost-effective development. This prime location and convenient access make this a highly desirable site for commercial development. The property's size and highway frontage offer significant potential for a high-return investment. Serious inquiries are encouraged.
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
- New Market
- County
- Jefferson
- State
- Tennessee
- Longitude
- -83.5365
- Latitude
- 36.105
