520 Tva Rd Jasper, TN 37347
- Grocery and convenience stores
- 11,010 SF
- 5.52 lot acres
Current Use by Public Records
- Speedway / Gas Station / Convenience Store
- Speedy Cafe / Convenience Store / Restaurant
- LibertyX Bitcoin ATM / Atm
Property Details for 520 Tva Rd
- Year built
- 2018
- Construction
- FRAME
- Lot size
- 5.52 lot acres
- Property size
- 11,010 SF
- Property type
- Grocery and convenience stores
- APN
- 058131 02100
- APU
- 5813102100
Description
This exceptional 83-acre property presents a significant development opportunity in Jasper, Tennessee. Strategically located between the east and westbound lanes of I-24, Exit 158, this land boasts unparalleled accessibility and visibility. The site's high-traffic location is further enhanced by its proximity to established businesses including a Speedway gas station, Loves Travel Stop, and a McDonald's. Recreational amenities are also nearby, with Nickajack Lake and the Tennessee River less than a mile away, and county parks, Hales Bar Marina, and Lookout Winery within minutes. A busy rest area/welcome center adds to the area's high traffic volume. The property's versatility allows for a wide range of development options, including residential subdivisions, light industrial facilities, tourist attractions, an RV resort, a conference center, retail spaces, or hospitality ventures. The asking price is $4,980,000. This is a rare chance to acquire a large parcel of land in a high-growth area with exceptional access to major transportation routes and numerous recreational and commercial opportunities. Additional acreage is available for purchase, including 193 acres and a 26-acre commercial corner lot. This presents a unique opportunity for large-scale development or strategic land acquisition.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jasper
- County
- Marion
- State
- Tennessee
- Longitude
- -85.5831
- Latitude
- 35.033
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA