Own a piece of legacy! This 6.80 acre commercial property is located just outside the city limits by less than 1 mile. Perfectly located where all the growth is happening. This property features prime road frontage, sewer, electricity, public water, and natural gas. Being the former Wood-Zo movie theatre property the gigantic movie screen is still standing. There is an older concrete building on the property that was used for the concession area. With endless possibilities don't wait to check this one out. Campground, tiny home community, shopping center, restaurants, we would love to have ya'll in our in community. Call me let's check this property out!
Property Details
Property Features
Listing Office:
Office Name: Askew Realty Group
Office Phone: (423) 237-3779
Exterior Features
Exterior Information:
View: Mountain(s)
Lot Features
Lot Information:
Lot: Irregular Lot
Lot Size: 6.76 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $725,000
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Housing Market Comparison
See how this home compares to others in Newport, TN.
This property is $485K more than the Median Sold Price in Newport, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1261982
Listing Office:
Office Name: Askew Realty Group
Office Phone: (423) 237-3779
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
We're sorry, we currently don't have sales or tax history data for this listing.
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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
Dandridge Elementary School
780 Highway 92 S
Distance between this listing and this school13.79 miles
Public District Grades PK-5
6
/10
Witt Elementary School
4650 S Davy Crockett Pkwy
Distance between this listing and this school14.01 miles
Public District Grades PK-5
4
/10
McDonald Elementary School
8120 McDonald Rd
Distance between this listing and this school14.16 miles
Public District Grades PK-5
Nearby Schools
8
/10
Newport Grammar School
301 College St
Distance between this listing and this school0.48 miles
Public District Grades PK-8
3
/10
Northwest Elementary School
344 Woodson Rd
Distance between this listing and this school1.81 miles
Public District Grades PK-8
5
/10
Edgemont Elementary School
375 Carson Springs Rd
Distance between this listing and this school3.46 miles
Public District Grades PK-8
Nearby Schools
4
/10
Cocke County High School
216 Hedrick Dr
Distance between this listing and this school0.29 miles
Public District Grades 9-12
4
/10
Cosby High School
3318 Cosby Hwy
Distance between this listing and this school8.88 miles
Public District Grades 9-12
7
/10
Jefferson County High School
115 W Dumplin Valley Rd
Distance between this listing and this school16.34 miles
The neighbors living near this home have an average income of $23,895. Most Newport, TN residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
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This home sits on a 6.76 acre lot. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $725,000.
While more than 1 listings in Newport, TN in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 4 were sold below. The number of listings in Newport, TN decreased by 18.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $240,000, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
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