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Property profile & analytics
OFF-MARKET
Commercial land

402 Broad St New Tazewell, TN 37825-7239

1,564 SF 0.53 ac lot Built 1905
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US80-3543077
Property summary
AI-generated overview

This exceptional 0.5-acre commercial lot presents a remarkable investment opportunity in the thriving town of New Tazewell, Tennessee. Located at 402 S Broad St, this property boasts an unparalleled location with significant visibility and high traffic counts. The lot features approximately 135 feet of highway frontage along a road with nearly 20,000 vehicles passing daily, complemented by an additional 148 feet of frontage on Russell Road. This strategic positioning offers immense potential for a wide range of commercial ventures. Imagine a bustling coffee shop catering to nearby factory workers, a convenient liquor store, a much-needed oil change facility, or a popular breakfast establishment. The possibilities are virtually limitless, making this a truly unique opportunity for entrepreneurs and investors alike. Situated just eight miles from Norris Lake, this property offers easy access to recreational activities and a desirable lifestyle. City water and sewer services are readily available at the roadside, simplifying development and reducing infrastructure costs. Don't miss this chance to secure a prime commercial lot in a high-growth area of East Tennessee. This Claiborne County property is ready for your vision. Contact us today to learn more and request a video tour.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1905
Total area 1,564 SF
Lot 0.53 ac (23,087 SF)
APN 095 05900
UPID US80-3543077
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
  • Fast Pace Primary Care: Teresa Malone, MSN, APRN, FNP-BC Medical Clinic
  • Fast Pace Primary Care - New Tazewell, TN Medical Clinic
  • Fast Pace Health Urgent Care - New Tazewell, TN Medical Clinic
  • Fast Pace Primary Care: Ashley Smallwood, FNP Medical Clinic
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
Eleanor Yoakum · 2 yrs held
Eleanor Yoakum
since 2023
Last sale
$430,000
7 recorded transactions
2023
$25,000
2023
$430,000
2023
Price N/A
2021
Price N/A
2021
$425,000
2021
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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