1751 Hwy Jonesborough, TN 37659
This exceptional 1.78-acre commercial property in Jonesborough, Tennessee, boasts high visibility on Highway 11E, with a daily traffic count of 34,000 vehicles. The asking price is $259,000. The property features a prominent 3,276 square foot footprint, including a substantial 2,520 square foot, two-bay cinder block garage with an office and basement. An additional 756 square foot building enhances the property's versatility. Multiple outbuildings are also present, many with bathroom facilities. The property benefits from road frontage on three sides, totaling 1764 linear feet, offering significant exposure. Note that certain outbuildings, including a carport facing Margaret Smith Road, are excluded from the sale. Currently, the property houses two businesses: a used tire operation and a U-Haul location. This prime location offers a unique business opportunity, free from city taxes. All information should be independently verified by the buyer.
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.