5877 Highway 11 Piney Flats, TN 37686
This exceptional 6.37-acre commercial land parcel presents a compelling investment opportunity in the thriving Piney Flats, Tennessee market. Strategically located on Highway 11E/Highway 19E, the property boasts nearly 600 feet of highway frontage, ensuring high visibility and accessibility. Its B-4 (Arterial Business Service District) zoning allows for a wide range of commercial uses. The site's proximity to the Tri-County Industrial Park (0.3 miles) creates a substantial daytime population, ideal for retail businesses. Convenient access to the signalized intersection of Highway 11E and Allison Road/Piney Flats Road is provided via Hensen Avenue. Furthermore, its location just 3 miles from Johnson City and 6 miles from Bristol offers unparalleled access to a larger regional market. The property's depth exceeds 500 feet, providing ample space for development. Detailed property information, including the Assessor's Parcel Numbers (APN: 124O B 013.00, 124O B 013.10, 124O B 010.00), is available upon request. This Qualified Opportunity Zone property represents a rare chance to capitalize on the significant growth potential of this dynamic area. Driving directions from I-26: Take exit 19, travel north on Hwy 381, merge onto Bristol Hwy in 1 mile, and the property will be on the right in approximately 5 miles. The asking price is $1,430,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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