Property profile

1111 5th St Jellico, TN 37762

OFF-MARKET
Drive through restaurants
Property ID
US80-2980767
2,033 SF 0.5 ac lot Built 1995
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2.3-acre commercial land parcel presents a unique investment opportunity in Jellico, Tennessee. Located at 1111 5th St, 37762, this property boasts a highly visible position just off Highway 25W, providing easy access to the I-75/Exit 160 interchange. Its strategic location offers unparalleled exposure to a significant volume of daily traffic. The asking price is $299,000, translating to $130,000 per acre, reflecting the land's exceptional value and potential. The property's APN is 007004N A 01300. This prime commercial site is situated adjacent to an Arby's restaurant and directly across from McDonald's and Wendy's, ensuring high visibility and proximity to established businesses. This advantageous location makes it ideal for a variety of commercial ventures, offering significant potential for growth and return on investment. The property is zoned for commercial use (further zoning verification is recommended). Don't miss this chance to acquire a highly desirable commercial property in a thriving location. Serious inquiries only.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1995
Total area 2,033 SF
Lot 0.5 ac (21,780 SF)
APN 004N A 01400 001
UPID US80-2980767

Cap rate & NOI

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

Location

1111 5th St Jellico, TN 37762
Jellico metro Census 950200 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$145k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

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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