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    1335 Andrew Johnson Hwy Morristown, TN 37814

    • Warehouses
    • 17,870 SF
    • 1.45 lot acres
    For Sale
    View listing
    $2,100
    Value Estimation
    Last Sale
    Oct 30, 2020
    $650,000
    Location Intelligence
    Property ID
    US80-1246039
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • AK Pawn / Pawn Shop

    Property Details for 1335 Andrew Johnson Hwy

    Year built
    1947
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.45 lot acres
    Property size
    17,870 SF
    Property type
    Warehouses
    APN
    032041C B 01300
    APU
    032041CB01300

    Description

    This exceptional 2,015-square-foot commercial space, located at 1335 W Andrew Johnson Hwy Suite A, Morristown, TN, presents a fantastic opportunity for businesses seeking high visibility and convenient access. Situated next to AK Pawn and Synergy Auto Wash, this suite benefits from the substantial foot traffic generated by these established businesses and enjoys proximity to numerous national retailers and a growing residential community. Just minutes from the vibrant downtown area, this location offers unparalleled convenience and exposure. The space is ideally suited for food service businesses looking to capitalize on the customer base waiting at the car wash, or for smaller businesses seeking a highly trafficked area without needing extensive square footage. The monthly rent is $2,100, translating to an annual cost of $25,200. This property is part of a larger building with additional suite options available for lease. The building is easily accessible from W Andrew Johnson Highway. While this listing focuses on Suite A, larger spaces are available by combining this suite with an adjacent suite. Contact for details and scheduling a viewing.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $710,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $540,000
      7%
      $535,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $530,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $535,000
      Retail
      $530,000
      Mixed-Use
      $535,000
      Hospitality
      $645,000
      Educational
      $500,000
      Residential Income
      $605,000
      Energy
      $550,000
      Income-Based Land
      $545,000
      Food Service
      $680,000

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.3094
    Latitude
    36.2076
    CBSA code
    34100
    CBSA name
    MORRISTOWN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $106,680
    $151,840
    $258,520
    -
    $266,700
    $379,600
    $646,300

    Comparable in this City

    • Value Estimation by Request
      2,728 SF

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      WAREHOUSE, STORAGE • 4,567 SF
      1122 Main St, Morristown, TN 37814-6635
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      1138 Main St

      WAREHOUSE, STORAGE • 4,485 SF
      1138 Main St, Morristown, TN 37814-4519
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      101 Rader St

      WAREHOUSE, STORAGE • 10,855 SF
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      197 Panda Dr

      WAREHOUSE, STORAGE • 6,794 SF
      197 Panda Dr, Morristown, TN 37814-1054
      View Details
    • Value Estimation by Request
      4,570 SF

      4753 Andrew Johnson Hwy

      WAREHOUSE, STORAGE • 4,570 SF
      4753 Andrew Johnson Hwy, Morristown, TN 37814-1040
      View Details

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      Mixed-Use Shopping Center For Rent

      Mixed-use shopping center on high-traffic highway with ample parking.
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    Morristown, TN 37814
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    Realmo Value Estimation

    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.

    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.

    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
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