2606 Andrew Johnson Hwy Morristown, TN 37814
- Land
- 3.97 lot acres
Current Use by Public Records
- Land
Property Details for 2606 Andrew Johnson Hwy
- Lot size
- 3.97 lot acres
- Property type
- Land
Description
This exceptional 3.967-acre commercial land parcel in Morristown, Tennessee, presents a remarkable investment opportunity. Boasting 200 feet of frontage on the heavily trafficked West Andrew Johnson Highway (over 39,000 vehicles per day), this site is ideally suited for a variety of commercial uses, including quick-service restaurants (QSRs), banks, and general retail establishments. The seller is open to subdividing the land to accommodate individual tenant needs, offering flexibility for development. A significant advantage is the proximity to a planned residential development encompassing 110 multifamily units, 89 single-family homes, and 90 townhomes, which will directly access the highway via this property's access road, ensuring high daily traffic volume for all tenants. The location is further enhanced by its proximity to three schools (elementary, middle, and high) within a 2.5-mile radius. The site benefits from strong surrounding tenancy, including Lowe's, Dutch Bros, 7 Brew, Dunkin', Chick-fil-A, Taco Bell, Cookout, Sonic, Applebee's, Bojangles, Taco Johns, AutoZone, O'Reilly, Advance Auto, Tractor Supply, and Harbor Freight. All deal structures are considered, and site planning discussions are welcome, with several potential layouts already developed. This property offers unparalleled visibility and access in a thriving commercial corridor.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morristown
- County
- Hamblen
- State
- Tennessee
- Longitude
- -83.3284
- Latitude
- 36.2073
