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Property profile

0 Andrew Johnson Hwy Greeneville, TN 37745

OFF-MARKET
Commercial real estate
5.31 ac lot
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Property summary

AI-generated overview

This exceptional 5.31-acre commercial land parcel presents a rare investment opportunity in Greeneville, Tennessee. Located on W Andrew Johnson Highway, this property boasts a highly desirable location with excellent visibility and accessibility. The site enjoys over 800 feet of road frontage, providing multiple access points and significant exposure to the estimated 30,000 daily vehicles. Zoned B-4 Arterial Business, the permitted uses are extensive and include, but are not limited to: gasoline stations, grocery stores, shopping centers, malls, multi-family dwellings, retail spaces, hotels, motels, restaurants, offices, amusement facilities, assembly areas, public buildings, lodges, clubs, parks, and warehousing. This versatile zoning allows for a wide range of development possibilities. Public water and sewer services are readily available, simplifying infrastructure needs. The property's strategic location offers convenient access to major highways including 321, 411, 93, 160, and 81, placing it within easy reach of the Tri-Cities, Morristown, and Jefferson City. Detailed zoning documents are available upon request. This is a first-time offering of a truly exceptional commercial land opportunity. The APN is 098D A 008.00. The asking price is $350,000.

Property profile

Verified
Property type Commercial real estate
Lot 5.31 ac (231,304 SF)
APN 098D A 008.00

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Andrew Johnson Hwy Greeneville, TN 37745
Greeneville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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