10 acres of Commercial Land with over 750 feet of road frontage on Andrew Johnson Hwy in Morristown. All Utilities are at the front property including Water and Sewer. Seller is willing to discuss the possibility of splitting the acreage to allow more than one business and the seller is also willing to discuss a long-term ground lease. The land was just cleared of trees, and it is located right in the heart of one of the fastest growing commercial areas in East Tennessee. Perfect for National Chain Restaurants, Car Dealerships, Office Building and more. This property is just down the street from Walmart Super Center, Aubrey's, Starbucks, Freddy's, Good Ole' Days and Texas Roadhouse just to name a few. More pictures and updated Information about the area will be added to the listing information very soon.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Properties
Office Phone: (423) 839-3997
Exterior Features
Exterior Information:
View: Other
Lot Features
Lot Information:
Lot: Irregular Lot
Lot Size: 10.00 Acres
Other
Directions Information:
Directions: From Morristown, go West on Andrew Johnson Hwy toward Talbott. Property is located on the Right-hand side 1/2-mile past Merchants Greene Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $3,800,000
Tax Information:
Annual Amount: $63
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Morristown, TN.
This property is $3.5M more than the Median Sold Price in Morristown, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1263724
Listing Office:
Office Name: Keller Williams Properties
Office Phone: (423) 839-3997
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Alpha Elementary School
5620 Old US 11E Hwy
Distance between this listing and this school1.17 miles
Public District Grades KG-5
5
/10
Manley Elementary School
551 W Economy Rd
Distance between this listing and this school2.30 miles
Public District Grades PK-5
7
/10
Talbott Elementary School
848 Talbott Kansas Rd
Distance between this listing and this school4.16 miles
Public District Grades PK-5
Nearby Schools
6
/10
West View Middle School
1 Indian Path
Distance between this listing and this school1.68 miles
Public District Grades 6-8
5
/10
Lincoln Heights Middle School
219 Lincoln Ave
Distance between this listing and this school4.72 miles
Public District Grades 6-8
5
/10
Meadowview Middle School
1623 Meadowview Ln
Distance between this listing and this school5.99 miles
Public District Grades 6-8
Nearby Schools
5
/10
Morristown West High School
1 Trojan Trl
Distance between this listing and this school4.13 miles
Public District Grades 9-12
4
/10
Morristown East High School
1 Hurricane Ln
Distance between this listing and this school5.02 miles
Public District Grades 9-12
1
/10
Hamblen County Alternative School
376 Snyder Rd
Distance between this listing and this school7.21 miles
The neighbors living near this home have an average income of $52,083. Typical income of Morristown, TN residents is between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4848 W Andrew Johnson Hwy
What is the listing price of this property?
The listing price of 4848 W Andrew Johnson Hwy property is $3,800,000.
What type of property is this?
The property 4848 W Andrew Johnson Hwy is land located in Morristown, Tennessee, 37814.
Is this property for sale now?
Active Listing: 4848 W Andrew Johnson Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $63 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 9, 1998 for $159,900. (source: MLS/tax record).
How much acreage is this property?
The property 4848 W Andrew Johnson Hwy is 10.00 acres.
Interested in 4848 W Andrew Johnson Hwy? Let's connect.
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This home is located at 4848 W Andrew Johnson Hwy in Morristown, TN and zip code 37814. This home sits on a 10.00 acre lot. It has been listed on Rocket Homes since May 22, 2024 and is currently priced at $3,800,000.
Over 5 listings were sold over their listed price in October 2024 in Morristown, TN. In the same period over 9 listings were sold below the listed price and 3 listings were sold for the listed price. Between September 2024 and October 2024, Morristown, TN real estate market has seen increase in the number of listings by 3.5%. In October 2024 median list price was $279,000 and the average listing age was 70 days.
From Rocket Homes Real Estate and based on county public records data.