8310 Andrew Johnson HwyChuckey, TN 37641

Property Details for 8310 Andrew Johnson Hwy

Year built

1980

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.86 AC

Property size (Sq ft)

2,860 SF

Zone code

A-1

Property type

Retail properties

Property subtype

Retail space

APN

030066O A 01400

APU

030066OA01400

Description

This exceptional Greene County, Tennessee property presents a unique investment opportunity, combining residential and commercial spaces. Located at 8310 E Andrew Johnson Hwy, Chuckey, TN 37641, this 0.86-acre lot features a building constructed in 1980 and zoned RS. The property boasts a fully operational restaurant and sports bar on the ground floor, complete with a full kitchen, hood system, and walk-in cooler. Currently leased, the restaurant has been a local fixture for over two decades, benefiting from high daily traffic (over 18,000 vehicles) on Highway 11E. Above the commercial space is a comfortable residential area, also currently leased. This property offers unparalleled views of the Appalachian Mountains and is conveniently located just four miles from Tusculum College and Davy Crockett Birthplace State Park. The sale includes the building only; the existing business is not included. Potential buyers are responsible for verifying all information provided. Please respect the current tenants and avoid visiting during business hours to discuss the sale. Asking price: $399,000.

• CAP approach

  CAP return

  Valuation

  6%

  $862,714

  6.5%

  $796,351

  7%

  $739,469

• Comparable approach

  Method

  Valuation

  Relative Method

  $593,369

  Geo Method

  $593,369

• Alternative Use

  Use

  Valuation

  Residential

  $671,752

  Hospitality

  $615,321

  Educational

  $511,940

  Medical

  $529,546

  Retail

  $796,351

Location Insight

City

Chuckey

County

Greene

State

Tennessee

Latitude

36.221

Longitude

-82.7004

CBSA code

24620

CBSA name

GREENEVILLE, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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