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Property profile & analytics
OFF-MARKET
Land

0 Highway 11E New Market, TN 37760

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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