Burlin Allen 865-621-1776

5635 E Andrew Johnson Highway, Russellville, TN 37860$1,086,424.32

Contact Burlin Allen About MLS#: 701643 Phone: 865-621-1776 / Email: burlin@burlinallen.com
Property Type: Commercial Sale Lot Size (sq. ft.): 57,064 Status: Active
Current Price: $1,086,424.32 List Date: 10/18/2023 Last Modified: 2/19/2024

Description

Looking for a great commercial opportunity in East TN? The subject property is an approximate 9,014 sq ft of free-standing building ideally located at the signalized intersection on E Andrew Johnson Hwy and Harvey Dr NE in Russellville TN. There are several adjacent retail properties in the immediate area, drawing in traffic. Everything is in place to make this venture yours today.

More Information MLS# 701643

Contract Information

Current Price: $1,086,424.32 Original List Price: 1180896 List Price: $1,086,424.32 Status: Active Listing Contract Date: 2023-10-18 Property Sub Type: Retail Listing Agreement: Exclusive Right To Sell Buyer Brokerage Compensation: 3 Buyer Brokerage Compensation Type: % Sub Agency Compensation: 3 Sub Agency Compensation Type: % Transaction Broker Compensation: 3 Transaction Broker Compensation Type: % Dual Or Variable Rate Commission YN: No Owner Name: Roberts D Properties LLC Occupant Type: Call Agent

Location, Tax, and Legal

Street Number: 5635 Street Direction Prefix: E Street Name: Andrew Johnson Street Suffix: Highway County: Hamblen State: TN Postal Code: 37860 Postal Code +4: 9455 Civil District: Hamblen County Tax Annual Amount: 5799.23 Tax Year: 2022 Tax Map Number: 018 Parcel Number: 018 12600 000

General Property Information

Year Built: 2007 Lot Size Acres: 1.31 Cooling YN: Yes Heating YN: Yes Stories Total: 1

Remarks and Miscellaneous

Public Remarks: Looking for a great commercial opportunity in East TN? The subject property is an approximate 9,014 sq ft of free-standing building ideally located at the signalized intersection on E Andrew Johnson Hwy and Harvey Dr NE in Russellville TN. There are several adjacent retail properties in the immediate area, drawing in traffic. Everything is in place to make this venture yours today. Directions: From I-81, take exit 23 towards Bulls Gap 11ES (Andrew Johnson Hwy).

Status Change Information

Major Change Timestamp: 2024-02-10T16:55:53Z Major Change Type: Price Reduced Price Change Timestamp: 2024-02-10T16:55:53Z Status Change Timestamp: 2023-10-18

Building or Suite #1

Total SqFt: 9014

Deed Book Details

Deed Book: 1840 Deed Page: 772

Income and Expenses

Cap Rate: 5.75 Net Operating Income: 67901.52

Property Features

Business Type: Retail Cooling: Electric Heating: Electric Lot Features: Level Owner Pays: Exterior Maintenance; Roof Maintenance; Other Parking Features: Off Street; Parking Lot Possession: Close Of Escrow Road Frontage Type: Highway Sewer: Public Sewer Showing Contact Type: Agent Showing Days: Sunday; Monday; Tuesday; Wednesday; Thursday; Friday; Saturday Tenant Pays: All Utilities; Electricity; Grounds Care; HVAC Maintenance; Insurance; Taxes Utilities: Electricity Connected; Phone Connected Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent
Listing Office: Greater Impact Realty Lakeway
Last Updated: February - 19 - 2024
5635 E Andrew Johnson Highway, Russellville, TN 37860- MLS# 701643
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.