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Property profile & analytics
OFF-MARKET
Land

5877 Highway 11 Piney Flats, TN 37686

6.37 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 6.37 ac (277,477 SF)
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
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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