11E Hwy Jonesborough, TN 37659
This exceptional 12-acre property, located on Highway 11E in Jonesborough, Tennessee (zip code 37659), presents a unique investment opportunity. Boasting over 500 feet of road frontage, this parcel enjoys significant visibility and accessibility, with an estimated 20,000 vehicles passing daily. The property's A-1 zoning permits a variety of uses, making it ideal for a diverse range of commercial ventures. Its size and location lend themselves to a mixed-use development, potentially incorporating commercial spaces along the highway and multi-family residential units towards the rear. The APN is 090059 17801. This versatile land offers significant potential for developers and investors seeking a high-traffic location in a thriving Tennessee community. The asking price for this substantial parcel is $360,000. The property's diverse zoning allows for industrial, residential (including single-family, multi-family, and other residential types), office, retail, retail-pad, and self-storage uses. This presents a rare opportunity to acquire a large tract of land with exceptional visibility and flexibility in a desirable location.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.