Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Us-411 Greenback, TN 37742

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Us-411

    Property type
    Land

    Description

    This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Greenback, Tennessee. Located on US-411 in Loudon County, this property boasts high visibility and significant traffic counts, making it ideal for a variety of commercial developments. The zoning permits residential use, offering flexibility for future projects. The lot size is 10 acres, providing ample space for substantial construction. The property's APN is 080 053.00. Its prime location offers exceptional exposure for businesses seeking high traffic volume. An adjacent property, featuring several warehouses, is also available for purchase, presenting potential synergy for larger-scale development projects. This land offers endless possibilities for entrepreneurs and investors looking to capitalize on a thriving area. The asking price for this remarkable property is $419,900. The property's address is US-411, Greenback, TN 37742. This is a rare opportunity to acquire a significant commercial land holding in a desirable location with excellent growth potential. Don't miss out on this chance to secure a piece of prime Tennessee real estate.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greenback
    County
    Loudon
    State
    Tennessee
    Longitude
    -84.1495
    Latitude
    35.6417

    Comparable in this City

    • Value Estimation
      $275,000
      1.02 Acres

      6389 Hwy 411th S

      COMMERCIAL (GENERAL) • 1.02 Acres
      6389 Hwy 411th S, Greenback, TN 37742-4476
      View Details
    • Value Estimation by Request

      6374 Hwy 411th S

      COMMERCIAL (GENERAL)
      6374 Hwy 411th S, Greenback, TN 37742
      View Details
    • Value Estimation
      $285,000
      0.24 Acres

      Pne St

      COMMERCIAL (GENERAL) • 0.24 Acres
      Pne St, Greenback, TN 37742
      View Details
    • Value Estimation
      $290,000
      2,000 SF

      Henry Ln

      COMMERCIAL (GENERAL) • 2,000 SF
      Henry Ln, Greenback, TN 37742
      View Details
    • Value Estimation
      $380,000
      2,400 SF

      7003 Hwy 411th S

      COMMERCIAL (GENERAL) • 2,400 SF
      7003 Hwy 411th S, Greenback, TN 37742-2271
      View Details
    • Value Estimation
      $375,000
      5,600 SF

      6876 Hwy 411th S

      COMMERCIAL (GENERAL) • 5,600 SF
      6876 Hwy 411th S, Greenback, TN 37742
      View Details

    Similar Nearby for Sale

    • $225,000
      9.80 Acres

      Land For Sale, Greenback, TN

      9.8 acres of land available in Greenback, Tennessee.
      Highway 411 S, Greenback, TN 37742
      View Details
    • $275,000
      6.35 Acres

      Wooded Land with Creek

      6.35 acres with creek in Blount County, Tennessee.
      910 Houston Springs Rd, Greenback, TN 37742
      View Details
    • New
      $199,500
      Pending

      Greenback, Tennessee Land For Sale

      5.05 acres in a country setting near Maryville, Tennessee.
      Salem Rd, Greenback, TN 37742
      View Details
    • $130,000
      1.40 Acres

      Land in Franklin Manor, TN

      Residential land in a charming new neighborhood with large private lots.
      89 1118, Greenback, TN 37742
      View Details
    • $120,000
      0.97 Acres

      Land in Franklin Manor, Greenback

      Residential land in a charming new neighborhood with rural appeal.
      84 1032, Greenback, TN 37742
      View Details
    • $110,000
      0.75 Acres

      Residential Land in Franklin Manor

      Land for sale in a charming, tranquil, and naturally beautiful neighborhood.
      L0T98 1221 Herbert Dr, Greenback, TN 37742
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Us-411
    Greenback, TN 37742
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.