Technical
Financial
Distress signals
Property profile

0 Main St Rogersville, TN 37857

OFF-MARKET
Land
24.69 ac lot
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Property summary

AI-generated overview

This exceptional 24.69-acre commercial property presents a unique development opportunity in historic Rogersville, Tennessee. Located on East Main Street, this parcel offers a blend of buildable land and wooded hillside. Approximately 17 to 18 acres are gently sloping and suitable for a variety of commercial uses or residential development. The property includes 8.69 acres within the city limits, with the remaining acreage in the county, but easily annexed if desired. All utilities, including sewer, are readily available. Currently, there are rental houses situated on the property, adding potential income streams. The land is zoned B-3, allowing for diverse commercial ventures. The asking price is $1,500,000, translating to $60,753 per acre. This represents a compelling investment opportunity given the property's size, location, and development potential within a thriving community. The property's strategic location and versatile zoning make it an attractive prospect for developers seeking a significant land acquisition in a desirable Tennessee market. The existing rental houses provide immediate return on investment while offering flexibility for future development plans.

Property profile

Verified
Property type Land
Lot 24.69 ac (1,075,496 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St Rogersville, TN 37857
Rogersville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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