72 Hwy 411 @ State Hwy Vonore, TN 37885
This exceptional 1.79-acre commercial land parcel presents a unique investment opportunity in Vonore, Tennessee. Strategically located at the intersection of U.S. Highway 411 and State Highway 72, this corner lot benefits from exceptionally high traffic volume, boasting over 14,000 vehicles daily on U.S. Hwy 411 and over 13,000 on Hwy 72. The property is zoned C-3 Highway Business District by the Town of Vonore, offering a wide range of development possibilities. Access is controlled via a shared drive with established businesses, including an Ez Stop Market and McDonald's. The lot itself is already graded and level, and a detention basin is in place, simplifying site preparation for future construction. Importantly, the zoning restrictions prohibit retail fuel and quick-serve restaurants, ensuring a diverse and potentially complementary business environment. This ready-to-develop site presents a compelling opportunity for investors seeking high visibility and significant traffic exposure in a thriving Tennessee community. The asking price is $495,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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