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1071 Hwy 25th 70 Newport, TN 37821-8049

OFF-MARKET Turn key restaurants Google Maps
7,660 SF 1.8 ac lot Built 1978
Entity Owned Free & Clear
Estimated value (blended)
$300k
Range $270k – $330k (±10%)
Property ID US80-0699520

Property summary

AI-generated overview

This exceptional 3.2-acre commercial land parcel presents a remarkable investment opportunity, strategically located just off Interstate 40 at Exit 432 in Newport, Tennessee. Boasting a perfectly level lot at road level, this property offers unparalleled accessibility and visibility. Its prime location provides direct access to the thriving tourism destinations of Sevier County, Pigeon Forge, and Gatlinburg via the new parkway. The property is zoned for commercial use and all utilities are conveniently located on-site. The asking price is $1,950,000, translating to $609,375 per acre. Parcel IDs are 10701 000046 and 10704 000046. Given its ideal location and zoning, a wide range of commercial ventures are feasible, including but not limited to gas stations, restaurants, car washes, truck stops and washes, retail shops, hotels, campgrounds, and mini-storage facilities. This property represents a rare chance to capitalize on the high traffic volume and strong economic growth in this area. Don't miss this exceptional opportunity to secure a prime piece of commercial real estate in a rapidly developing region. The address is 1071 W Hwy 25 70, Newport, TN 37821, located in Cocke County.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1978
Construction WOOD
Total area 7,660 SF
Lot 1.8 ac (78,408 SF)
APN 015046 10701
UPID US80-0699520

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2026
2 recorded transactions
2026
Price N/A
2000
$375,000

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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