Main St Rogersville, TN 37857
- Land
- 24.69 lot acres
Current Use by Public Records
- Land
Property Details for 0 Main St
- Lot size
- 24.69 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rogersville
- County
- Hawkins
- State
- Tennessee
- Longitude
- -82.9813
- Latitude
- 36.4251
