Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    US-411 Etowah Tn 37331 Etowah, TN 37331
    Back to Search
    Property profile & analytics

    US-411 Etowah Tn 37331, Etowah, TN 37331

    View on Map
    • Land
    • 0.50 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for US-411 Etowah Tn 37331

    Lot size
    0.50 lot acres
    Property type
    Land

    Description

    This exceptional 0.5-acre commercial land parcel presents a unique investment opportunity in Etowah, Tennessee. Strategically located on US-411, this property boasts unparalleled visibility with over 9,050 average annual daily traffic. Its prime location is adjacent to a brand-new Walgreens Pharmacy (built in 2023), offering convenient cross-access and shared visibility. The property's proximity to Star Regional Medical Center further enhances its appeal, making it ideal for a variety of commercial uses, including medical offices, retail spaces, restaurants, drive-thrus, or automotive businesses. The land is offered fee simple with APN 054107B C 04000. This high-traffic location and versatile zoning potential make this a compelling investment for developers and entrepreneurs seeking a strong foothold in a growing market. The property is situated at US-411, Etowah, TN 37331, and offers significant potential for immediate development or long-term appreciation. The asking price is $125,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Etowah
    County
    \
    State
    Tennessee
    Longitude
    -84.5205
    Latitude
    35.3449

    Comparable in this City

    • Value Estimation by Request
      387,000 SF

      134 Waupaca Dr

      Manufacturing properties
      134 Waupaca Dr, Etowah, TN 37331
      View Details
    • Value Estimation by Request
      132.00 Acres

      Industrial Park Dr

      Land
      0 Industrial Park Dr, Etowah, TN 37331
      View Details
    • Value Estimation by Request
      1,960 SF

      200 9Th St

      Commercial real estate
      200 9Th St, Etowah, TN 37331
      View Details
    • Value Estimation by Request
      4.07 Acres

      Hwy 411n-2359

      COMMERCIAL (GENERAL)
      Hwy 411n-2359, Etowah, TN 37331
      View Details
    • Value Estimation by Request
      0.50 Acres

      100 County Rd 890

      COMMERCIAL (GENERAL)
      100 County Rd 890, Etowah, TN 37331
      View Details
    • Value Estimation by Request
      1,447 SF

      354 County Rd 623

      COMMERCIAL (GENERAL)
      354 County Rd 623, Etowah, TN 37331-5318
      View Details

    Similar Nearby for Sale

    • $129,900
      5.00 Acres

      Etowah Land with Mountain Views

      Five acre lot in Etowah, Tennessee with mountain views.
      417 County Road 788, Etowah, TN 37331
      View Details
    • $169,000
      10.05 Acres

      Etowah, TN Homesite Land

      10.05 acre homesite with mountain views near town.
      County Road 609, Etowah, TN 37331
      View Details
    • New
      $44,900
      Pending

      Level Cleared Lot in Etowah

      Level, cleared lot with utilities in Etowah, Tennessee.
      119 Albama Ave, Etowah, TN 37331
      View Details
    • $45,000
      0.75 Acres

      Residential Land in Historic Etowah

      Build-ready lot in Etowah, TN with utilities available.
      113 Alabama Ave, Etowah, TN 37331
      View Details
    • $35,000
      Pending

      Etowah, TN Vacant Land

      Commercial opportunity in Etowah, Tennessee, near retail.
      410 Tennessee Ave, Etowah, TN 37331
      View Details
    • Contact for pricing
      0.17 Acres

      Unrestricted Lot Near Etowah, TN

      Unrestricted lot with water and electric connections near Etowah.
      904 County Rd, Etowah, TN 37331
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      2,050 SF

      Medical Office Space Near Hospital

      Spacious medical office suite available for rent near hospital.
      305 Grady Rd, Etowah, TN 37331
      View Details
    • Contact for pricing

      Former Walgreens Retail Space

      8,241 SF retail space available for lease.
      856 Tennessee Ave, Etowah, TN 37331
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    US-411 Etowah Tn 37331
    Etowah, TN 37331
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    US-411 Etowah Tn 37331, Etowah, TN, 37331
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!