1071 Highway 25 70Newport, TN 37821

Property Details for 1071 Highway 25 70

Year built

1978

Construction

WOOD

Lot size

1.80 AC

Property size (Sq ft)

7,660 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

015046 10701

APU

1504610701

Description

This exceptional 3.2-acre commercial land parcel presents a remarkable investment opportunity, strategically located just off Interstate 40 at Exit 432 in Newport, Tennessee. Boasting a perfectly level lot at road level, this property offers unparalleled accessibility and visibility. Its prime location provides direct access to the thriving tourism destinations of Sevier County, Pigeon Forge, and Gatlinburg via the new parkway. The property is zoned for commercial use and all utilities are conveniently located on-site. The asking price is $1,950,000, translating to $609,375 per acre. Parcel IDs are 10701 000046 and 10704 000046. Given its ideal location and zoning, a wide range of commercial ventures are feasible, including but not limited to gas stations, restaurants, car washes, truck stops and washes, retail shops, hotels, campgrounds, and mini-storage facilities. This property represents a rare chance to capitalize on the high traffic volume and strong economic growth in this area. Don't miss this exceptional opportunity to secure a prime piece of commercial real estate in a rapidly developing region. The address is 1071 W Hwy 25 70, Newport, TN 37821, located in Cocke County.

Location Insight

City

Newport

County

Cocke

State

Tennessee

Latitude

35.9714

Longitude

-83.2452

CBSA code

35460

CBSA name

NEWPORT, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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