0 Andrew Johnson Hwy Greeneville, TN 37745
This exceptional 5.31-acre commercial land parcel presents a rare investment opportunity in Greeneville, Tennessee. Located on W Andrew Johnson Highway, this property boasts a highly desirable location with excellent visibility and accessibility. The site enjoys over 800 feet of road frontage, providing multiple access points and significant exposure to the estimated 30,000 daily vehicles. Zoned B-4 Arterial Business, the permitted uses are extensive and include, but are not limited to: gasoline stations, grocery stores, shopping centers, malls, multi-family dwellings, retail spaces, hotels, motels, restaurants, offices, amusement facilities, assembly areas, public buildings, lodges, clubs, parks, and warehousing. This versatile zoning allows for a wide range of development possibilities. Public water and sewer services are readily available, simplifying infrastructure needs. The property's strategic location offers convenient access to major highways including 321, 411, 93, 160, and 81, placing it within easy reach of the Tri-Cities, Morristown, and Jefferson City. Detailed zoning documents are available upon request. This is a first-time offering of a truly exceptional commercial land opportunity. The APN is 098D A 008.00. The asking price is $350,000.
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
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.