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Listed by Leslie Jo Deaderick • RE/MAX Real Estate Ten Midtown
$1,200,000
Est. payment /mo
140,698 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 140,698 sqft
Price per Sqft $8
MLS Listing ID 712417
Annual Tax Amount $2,100
Lot Size 3.230 Acres
Acres 3.23
Lot Dimensions 3.23
Property Sub-Type Unimproved Land
Source Lakeway Area Association of REALTORS®
Property Description
U.S. 11E Frontage - 3.23 Acres at 4001 Cool Springs Road, Morristown, TN
Excellent development opportunity located in Barton Springs, adjacent to Food City and offering direct frontage on U.S. Highway 11E (Andrew Johnson Highway). This 3.23-acre parcel sits at a highly visible location with existing curb cuts already in place, providing immediate access advantage.
The seller is willing to subdivide, giving buyers flexibility to purchase the full tract or a portion sized to their specific project needs. The property is well-positioned for a wide range of commercial uses that benefit from both grocery-anchored traffic and highway exposure.
TDOT's ongoing widening of Andrew Johnson Highway to a multi-lane road is bringing improved capacity, better traffic flow, and increased long-term visibility and value to this corridor. The ongoing widening of Andrew Johnson Highway is placing this corridor under increased focus from commercial developers and investors, elevating its status as a key growth area.
Ideal for:
Quick-service or fast-casual restaurants
Medical, dental, or urgent-care facilities
Banking / financial services
Retail or multi-tenant commercial
Other highway-oriented commercial uses
With existing curb cuts, true U.S. 11E frontage, subdivision flexibility, and the positive impact of the ongoing highway widening, this site offers a rare combination of access, visibility, and development readiness in one of Morristown's most up and coming commercial nodes.
Excellent development opportunity located in Barton Springs, adjacent to Food City and offering direct frontage on U.S. Highway 11E (Andrew Johnson Highway). This 3.23-acre parcel sits at a highly visible location with existing curb cuts already in place, providing immediate access advantage.
The seller is willing to subdivide, giving buyers flexibility to purchase the full tract or a portion sized to their specific project needs. The property is well-positioned for a wide range of commercial uses that benefit from both grocery-anchored traffic and highway exposure.
TDOT's ongoing widening of Andrew Johnson Highway to a multi-lane road is bringing improved capacity, better traffic flow, and increased long-term visibility and value to this corridor. The ongoing widening of Andrew Johnson Highway is placing this corridor under increased focus from commercial developers and investors, elevating its status as a key growth area.
Ideal for:
Quick-service or fast-casual restaurants
Medical, dental, or urgent-care facilities
Banking / financial services
Retail or multi-tenant commercial
Other highway-oriented commercial uses
With existing curb cuts, true U.S. 11E frontage, subdivision flexibility, and the positive impact of the ongoing highway widening, this site offers a rare combination of access, visibility, and development readiness in one of Morristown's most up and coming commercial nodes.
Location
State TN
County Hamblen
Direction From central Morristown, take US 11E (East Morris Blvd / Andrew Johnson Hwy) east ~2.5-3 miles to Cool Springs Road. Property sits near the intersection with direct frontage on US 11E, adjacent to the Food City corridor.
Others
Senior Community No
Tax ID 016.13
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