6099 Commerce Blvd Morristown, TN 37814
- Land
- 15.62 lot acres
Current Use by Public Records
- Land
Property Details for 6099 Commerce Blvd
- Lot size
- 15.62 lot acres
- Property type
- Land
Description
This exceptional 15.615-acre commercial land parcel in Morristown, Tennessee, presents a unique investment opportunity. Located at 6099 Commerce Blvd, 37814, this property is strategically divided into two separately priced lots. Lot 2 encompasses 3.896 acres and is offered at $975,000, while Lot 3 comprises 8.57 acres and is priced at $1,500,000. The combined asking price for both lots is $3,770,000. The site is ideally situated for immediate development, boasting a signalized corner location with existing curb cuts already in place. This ensures a seamless transition into construction and minimizes upfront infrastructure costs. The property benefits from high visibility and excellent access, situated near a variety of established businesses including Dollar General, Team Technologies, Altama Boots, Verizon, Kurbside Grillin', and Granite of the Smokies. Strong traffic counts of 22,337 vehicles daily on nearby W Andrew Johnson Blvd further enhance its commercial appeal. The surrounding demographics are equally compelling, with a 3-mile radius boasting a population of 25,065 and an average household income of $89,278. This figure expands to 27,502 residents and an average household income of $86,104 within a 5-mile radius, and further to 54,011 residents and an average household income of $71,875 within a 7-mile radius. This property offers significant potential for a wide range of commercial ventures.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morristown
- County
- Hamblen
- State
- Tennessee
- Longitude
- -83.3255
- Latitude
- 36.2396
