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Property profile & analytics
FOR SALE
Commercial land

606 Gallaher Rd Kingston, TN 37763

2,425 SF 2.1 ac lot Built 1971
Entity Owned 10-yr Hold Free & Clear
Property ID
US80-3486680
Property summary
AI-generated overview

This exceptional 2.09-acre commercial land parcel presents a prime investment opportunity in Kingston, Tennessee. Strategically located off I-40 along the bustling Gallaher Road corridor, this level tract boasts exceptional visibility and accessibility. With over 11,000 vehicles traveling daily between Oak Ridge and the site, this location guarantees high traffic volume, making it ideal for a variety of commercial ventures. The property is zoned C-2 Highway Commercial, allowing for diverse development options, including hotels/motels, restaurants, convenience stores, gas stations, and other commercial uses. The parcel's size, zoning, and location combine to create a rare opportunity for significant return on investment. The property's APN is 073060 00900, and it's situated at 606 Gallaher Rd, Kingston, TN 37763. The asking price is $1,750,000, translating to $837,320 per acre, reflecting the land's premium location and development potential. This is a truly exceptional opportunity to acquire a high-visibility commercial property in a rapidly growing area. Don't miss out on this chance to secure a piece of prime Tennessee real estate.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1971
Total area 2,425 SF
Lot 2.1 ac (91,476 SF)
APN 073060 00900
UPID US80-3486680
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Rtp LLC · 10 yrs held
Rtp LLC
since 2015
6 recorded transactions
2021
Price N/A
2015
Price N/A
2014
Price N/A
2014
$290,000
2014
$250,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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