2015 Roane State Hwy Harriman, TN 37748
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.