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Property profile & analytics
OFF-MARKET Estimated value $545,000
Retail space

4010 Andrew Johnson Hwy Morristown, TN 37814-1104

5,500 SF 0.35 ac lot Built 1971
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US80-2009126
Property summary
AI-generated overview

This exceptional commercial property, located at 4010 W Andrew Johnson Highway Unit 4010, Morristown, TN, presents a prime investment opportunity. Boasting a prominent corner location on a high-traffic intersection, this 5,050 square foot mixed-use building offers unparalleled visibility and accessibility. Situated on a 0.35-acre lot, the property benefits from its strategic placement within a rapidly developing commercial corridor experiencing significant growth. The flexible layout allows for diverse uses, making it ideal for retail, office, or a combination of both. Its zoning permits commercial development, providing ample opportunity for customization to suit various business needs. Convenient access to major roads and highways ensures easy commutes for employees and customers alike. The strong economic growth and development potential in the surrounding area promise a robust return on investment. This property is perfectly positioned to capitalize on the influx of new businesses and residential developments, making it an attractive prospect for discerning investors seeking a high-impact commercial asset in a thriving market. The building's size and location make it an excellent choice for a variety of commercial ventures.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1971
Construction FRAME
Total area 5,500 SF
Lot 0.35 ac (15,246 SF)
APN 032040L D 00700
UPID US80-2009126
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
Current use
Occupant on record · Public records
  • Jason Kraft - State Farm Insurance Agent Insurance Agency
  • Rita Davis, Realtor Real Estate Agency
  • Rhonda Sams, Realtor - Crye-Leike Premier Real Estate Real Estate Agency
  • Latasha Span - Crye Leike Premier Real Estate Real Estate Agency
  • Teresa Holt, Realtor - Crye-Leike Lakeway Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
$417k
Blend (final) Blend
$545k
Owner & transaction history
Bell Property Management Group LLC · 1 yrs held
Bell Property Management Group LLC
since 2025
Last sale
$650,000
4 recorded transactions
2025
$650,000
2022
$650,000
2007
Price N/A
1997
$135,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $480,000 +52.4%
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