585 E ANDREWS JOHNSON HWY (11-E)—1.18± ACRE, 325± FT. FRONTAGE
Retail-Commercial
for Sale
Also listed as Vacant Land
Catylist Listing ID: |
30647779 |
Property Subtypes: |
Convenience Store, Free-Standing Building, Mixed Use, Parking Facility, Vehicle Related, Other
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Building Size (RSF): |
1,435 SF
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Gross Building Area: |
See Agent |
Gross Land Area: |
1.18 Acres
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Sale Price: |
$412,500 - 425,000 |
Unit Price: |
$287.46 - 296.17 PSF |
Ceiling: |
8 ft. |
In Opportunity Zone? |
Yes |
Property Use Type: |
Net Leased Investment (NNN), Investment |
Building Name: |
585 E ANDREW JOHNSON HWY 11-E |
Core Factor: |
1% |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Average Occupancy Rate: |
80 |
Last Updated: |
12/28/2020 |
Overview / Comments
GREENEVILLE 11-E By-Pass location with 323 ft. road frontage for this 1.18 ACRE LEVEL LOT. • HIGH TRAFFIC COUNT of 30,500 plus Average Daily Traffic Count at this CHOICE LOCATION on HWY 11-E, EAST ANDREW JOHNSON HWY, across from CHINA BUFFET, west-bound side of four-lane. • Annual income potential with 1435 sq.ft former store, unfinished mechanics basement, car-lot office building, locked fenced lot, and open parking lot. Disclosure agreement required to review annual income. • Certification is available that former fuel tanks have been REMOVED.
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Additional Details
Nearest MSA: |
Greeneville |
County: |
Greene |
Taxing Authority: |
GREENEVILLE / GREENE COUNTY |
Tax ID/APN: |
030087 07600 |
Zoning: |
B-4 |
Retail Clientele: |
General, Family, Business, Traveler, Tourist |
Property Located Between: |
SUBWAY restaurant and CLAYTON MOBILE HOMES |
Property Visibility: |
Excellent |
Largest Nearby Street: |
INDUSTRIAL ROAD |
Feet of Frontage: |
323 |
Highway Access: |
TWO ACCESS cuts at HWY 11-E, westbound side of four-lane |
Airports: |
Greeneville Municipale, 3 miles; Tri-Cities 36 miles; Knoxville M-T, 84 miles. |
Site Description: |
LEVEL LOTS WITH 323 ROAD FRONTAGE NORTHSIDE OF HWY 11-E, EAST ANDREW JOHNSON HWY |
Area Description: |
HIGH TRAFFIC COUNT WITH OVER 30,000 AVG DAILY TRAFFIC COUNT |
Tenancy: |
Multiple Tenants |
Total Number of Buildings: |
2 |
Number of Stories: |
1 |
Typical SF / Floor: |
750 SF |
Property Condition: |
Fair |
Year Built: |
1973 |
Year Renovated: |
2005 |
Roof Type: |
Flat |
Construction/Siding: |
Block, Brick |
Exterior Description: |
BRICK on block building, flat roof, parking, metal canopy; former gas station; tanks have been removed. |
Total Parking Spaces: |
12 |
Parking Ratio: |
8.2 (per 1000 SF) |
Parking Type: |
Surface |
Parking Description: |
OPEN SURFACE, ASPHALT AND GRAVEL |
Sprinklers: |
None |
Internet Access: |
Cable, DSL, Satellite |
Interior Description: |
rough, garage, needs work |
Zoning Description: |
M-1, B-4 |
Lot Frontage: |
323 |
Lot Depth: |
140 - 300 ft |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
4,096 |
19,843 |
31,622 |
Median Age: |
41.16 |
41.22 |
41.98 |
Households: |
1,750 |
8,213 |
12,966 |
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