Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2824 Goshen Valley Rd Church Hill, TN 37642

    • Commercial real estate
    • 70.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0741537
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2824 Goshen Valley Rd

    Lot size
    70.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 70-acre commercial property in Church Hill, Tennessee, offers breathtaking panoramic views of the East Tennessee mountains. Located at 2824 Goshen Valley Rd, Hawkins County, TN 37642 (36.441223, -82.791997), this expansive tract boasts stunning scenery and remarkable privacy. The land features rolling terrain, two large pastures, a small creek, and several springs. Existing improvements include a brick house (owner states it has no value but has a good roof), a newer two-car block garage, and several farm outbuildings, including a barn in decent condition. City water and septic are already in place. The property is conveniently located just eight miles from Highway 11W and a short drive to Kingsport, TN. Fiber internet access is available. This property presents a unique opportunity for development, offering ample space and seclusion, with no restrictions, potentially supporting multiple structures. While requiring some cleanup, the inherent value and potential of this land make it a truly remarkable investment opportunity. The property's natural beauty and strategic location combine to create a rare and desirable offering.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Church Hill
    County
    Hawkins
    State
    Tennessee
    Longitude
    -82.791997
    Latitude
    36.441223

    Comparable in this City

    • $98,000
      0.87 Acres

      Commercial Land on Highway 11W

      High-traffic commercial land near Volunteer High School.
      Tbd5 Highway 11, Church Hill, TN 37642
      View Details
    • $109,500
      1.00 Acre

      Commercial Land in Church Hill

      One-acre commercial lot in established business area.
      220 Silver Lake Rd, Church Hill, TN 37642
      View Details
    • New
      $191,330
      10.07 Acres

      East Tennessee Farmland Opportunity

      10.07 acres of farmland in Hawkins County, Tennessee.
      261 Dotson Ln, Church Hill, TN 37642
      View Details
    • New
      $151,380
      8.41 Acres

      East Tennessee Farmland Opportunity

      8.41 acres of farmland in Hawkins County, Tennessee.
      261 Dotson Ln, Church Hill, TN 37642
      View Details
    • Contact for pricing
      Pending

      Land in Church Hill, TN

      Residential land suitable for building a home or other development.
      Ross Cp Ground Rd, Church Hill, TN 37642
      View Details
    • Contact for pricing
      0.41 Acres

      Residential Lot in Church Hill

      Cleared 0.41-acre lot ready for building in Church Hill, TN.
      Walnut Tree Dr, Church Hill, TN 37642
      View Details

    Similar Nearby for Sale

    • $59,900
      0.75 Acres

      Residential Land in Church Hill

      Building lot with valley view, suitable for various home types.
      2r Payne Ridge Rd, Church Hill, TN 37642
      View Details
    • Contact for pricing
      0.43 Acres

      Residential Lot in Church Hill

      Cleared 0.43-acre lot ready for building in Church Hill, TN.
      Walnut Grove Dr, Church Hill, TN 37642
      View Details
    • $30,000
      0.41 Acres

      Residential Lot in Walnut Grove

      Cleared lot ready for dream home construction in Church Hill, TN.
      Walnut Grove Dr, Church Hill, TN 37642
      View Details
    • Contact for pricing
      0.41 Acres

      Residential Lot in Church Hill

      Cleared lot ready for building in Church Hill, Tennessee.
      Carters Valley Rd, Church Hill, TN 37642
      View Details
    • $37,800
      0.67 Acres

      Residential Land in Church Hill

      Cleared lot ready for building in Church Hill, Tennessee.
      Walnut Tree Dr, Church Hill, TN 37642
      View Details
    • Contact for pricing
      0.42 Acres

      Residential Lot in Church Hill

      Cleared lot ready for your dream home in Church Hill.
      Carters Valley Rd, Church Hill, TN 37642
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      68,389 SF

      Highway 11W Commercial Land Lease

      Prime Church Hill Outparcel, High Traffic
      731 Us-11W, Church Hill, TN 37642
      View Details
    • $359,000
      130,680 SF

      Commercial Land in Church Hill

      3 acres of B-3 zoned land with high traffic count.
      220 Silver Lake Rd, Church Hill, TN 37642
      View Details
    • Contact for pricing

      Prime Commercial Land For Lease

      1.57 acre outparcel in high-traffic area, Church Hill.
      731 Highway 11 W, Church Hill, TN 37642
      View Details
    • Contact for pricing
      44,145 SF

      Industrial Space Available For Lease

      44,145 SF industrial space available for lease.
      121 Press Rd, Church Hill, TN 37642
      View Details
    • $650,000
      8,960 SF

      Warehouse with Truck Access

      Warehouse property in central Hawkins County, convenient to Kingsport and Rogersville.
      957 Holliston Mills Rd, Church Hill, TN 37642
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2824 Goshen Valley Rd
    Church Hill, TN 37642
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.