0 Rutledge Pike Blaine, TN 37709
This exceptional 172.53-acre commercial land parcel presents a significant development opportunity in Blaine, Tennessee. Strategically located near Food City, this property boasts extensive pre-existing grading work, significantly reducing site preparation costs. Its history as a quarry provides a solid foundation for various commercial ventures. The expansive acreage allows for the creation of several large retail pads, making it ideal for a mixed-use development or a large-scale single-tenant project. The seller is willing to collaborate on further grading to meet specific development needs and is open to the possibility of subdividing the land to accommodate multiple buyers or projects. The property's location in Blaine, TN, zip code 37709, offers excellent access to transportation routes and a growing consumer base. This is a rare opportunity to acquire a large, well-situated commercial tract ready for immediate development. The asking price is $5,989,000. The property is located on Rutledge Pike in Grainger County.
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.