Property profile

2310 Clinton Hwy Powell, TN 37849

FOR SALE
Auto shops
Property ID
US80-3203446
5,120 SF 1.59 ac lot Built 1997
Entity Owned 4-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 5,120 SF
2310 Clinton Hwy, Powell, TN 37849
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Property summary

AI-generated overview

Invest in this exceptional 1.1-acre commercial lot, situated in the thriving Titan Development Park in Powell, Tennessee. This C1-zoned property offers unparalleled development potential, boasting a highly visible location at the corner of Clinton Highway and Edgemoor Road. Its convenient proximity to a Weigels store ensures high traffic and visibility for any future business. The lot is part of a larger 3.2-acre development, divided into three parcels, each offering approximately one acre of buildable land. This specific lot, Lot 1, is priced at $699,000 and presents a unique opportunity for entrepreneurs and investors seeking a strategic location in a rapidly growing area. The address is 2310 Clinton Hwy, Powell, TN 37849, within Anderson County. The property's General Commercial zoning (C1) allows for a wide range of commercial uses, making it an ideal investment for various business ventures. Don't miss this chance to secure a prime piece of real estate in a highly desirable location. Act quickly, as this opportunity is unlikely to last.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1997
Construction FRAME
Total area 5,120 SF
Lot 1.59 ac (69,260 SF)
APN 001096 05401
UPID US80-3203446

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

2310 Clinton Hwy Powell, TN 37849
Powell metro Census 21304 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
$499k
Blend (final) Blend
$530k

Owner & transaction history

since 2021
Last sale
$600,000
4 recorded transactions
2021
$600,000
2020
Price N/A
2007
$425,000
2004
$357,500

Zoning & alternative use

Top alternative use upside
Retail stores $545,000 +62.9%
Medical building $500,000 +49.7%
Commercial (general) $410,000 +23.0%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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