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Property profile & analytics
FOR SALE
Commercial land

2015 Roane State Hwy Harriman, TN 37748

1,356 SF 3.98 ac lot Built 1976
Entity Owned ~ Est. High Equity
Property ID
US80-1043281
Property summary
AI-generated overview

This exceptional 4.25-acre commercial land parcel presents a prime development opportunity in Harriman, Tennessee. Strategically located on the "am" side of Roane State Highway at a traffic signal, this site benefits from high visibility and convenient access. The property's location is further enhanced by the proximity to a new Kroger and Lowe's development in Midtown, ensuring a strong retail presence and high consumer traffic. The site's configuration allows for the creation of multiple outparcels, with shared access to Griffith Drive facilitated by the existing traffic signal. While the property requires fill material, the owner has readily available dirt nearby, offering a streamlined development process. The asking price for the land is $2,400,000, reflecting a land value of $682,352 per acre. For a turnkey solution, the owner will fill the site for a purchase price of $3,400,000. This versatile property is suitable for a variety of commercial uses, including hospitality, office, retail, retail-pad, and self-storage developments, making it an attractive investment opportunity with significant potential for future growth and return. The property is located at 2015 Roane State Hwy, Harriman, TN 37748.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1976
Total area 1,356 SF
Lot 3.98 ac (173,369 SF)
APN 073046K B 01300
UPID US80-1043281
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cgp Harriman Roane 7b LLC
Cgp Harriman Roane 7b LLC
since 2026
7 recorded transactions
2026
$950,000
2024
$210,000
2023
Price N/A
2023
$1.2M
2021
Price N/A
2020
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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