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Property profile & analytics
FOR SALE
Commercial land

1817 Roane State Hwy Harriman, TN 37748

2.01 ac lot
Individually Owned 2-yr Hold Free & Clear
Property ID
US80-2029007
Property summary
AI-generated overview

This exceptional 4-acre commercial land parcel is strategically located at 1817 Roane State Highway in Harriman, Tennessee (zip code 37748, APN 073046 10402). Priced at $2,400,000 ($600,000 per acre), this level lot presents a remarkable investment opportunity in a thriving commercial corridor. Situated on the "AM" side of Roane State Highway, the property enjoys excellent visibility and accessibility, enhanced by a traffic light providing easy ingress and egress. Its proximity to the new Physicians Plaza Medical Office Building and the new Roane Regional Medical Center makes it ideally suited for a variety of commercial uses, including additional medical offices, rehabilitation centers, or therapy practices. This area is experiencing rapid growth and has become a central hub for commercial and service businesses in Roane County. The property's location offers significant advantages for businesses seeking high visibility and convenient access to a growing customer base. This is a rare opportunity to acquire a substantial land parcel in a prime location with significant development potential. Don't miss this chance to capitalize on the continued expansion of this dynamic commercial area.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.01 ac (87,556 SF)
APN 073046 10402
UPID US80-2029007
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Seven Islands Hospitality Corporati · 2 yrs held
Seven Islands Hospitality Corporati
since 2024
6 recorded transactions
2024
Price N/A
2023
$950,000
2022
$2.8M
2017
Price N/A
2015
Price N/A
2012
$675,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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