Property summary
This exceptional mixed-use property, located at 960 E Highway 77 in Newbern, Tennessee, presents a unique investment opportunity. Boasting a substantial 14,700 square feet of space, this versatile property sits on a generous 5-acre lot, offering ample room for expansion or future development. The property's mixed-use zoning allows for a variety of commercial and potentially residential applications, making it ideal for entrepreneurs seeking a prominent location with significant potential. Its strategic positioning on Highway 77 ensures high visibility and convenient access for customers and employees. The substantial square footage provides flexibility for diverse business ventures, from retail and office spaces to light industrial uses, or a combination thereof. The expansive acreage offers significant parking and potential for outdoor activities or additional structures. The asking price of $599,900 represents a compelling value for a property of this size and potential in a growing Tennessee market. Serious inquiries are encouraged to explore the possibilities this property offers. Detailed property information and zoning regulations are available upon request. This is a rare opportunity to acquire a significant commercial property in a desirable location. Don't miss out on this chance to establish your business in a thriving community.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
I1 · Newbern, TNZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for I1 in Newbern, TN.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning