4848 W Andrew Johnson Hwy Morristown, TN 37814
Estimated payment $20,203/month
About This Lot
10 acres of Commercial Land with over 750 feet of road frontage on Andrew Johnson Hwy in Morristown. All Utilities are at the front property including Water and Sewer. Seller is willing to discuss the possibility of splitting the acreage to allow more than one business and the seller is also willing to discuss a long-term ground lease. The land was just cleared of trees, and it is located right in the heart of one of the fastest growing commercial areas in East Tennessee. Perfect for National Chain Restaurants, Car Dealerships, Office Building and more. This property is just down the street from Walmart Super Center, Aubrey's, Starbucks, Freddy's, Good Ole' Days and Texas Roadhouse just to name a few. More pictures and updated Information about the area will be added to the listing information very soon.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,339
Lot Details
- 10 Acre Lot
- Lot Dimensions are 753 x 469 x 790 x 663
- Property fronts a state road
- Irregular Lot
- Cleared Lot
- Finished Lot(s)
- Zoning described as Zoned Commercial
Property Views
- Countryside Views
Utilities
- Gas Available
- Phone Available
- Cable TV Available
Community Details
- Line Hubert Farm Subdivision
Listing and Financial Details
- Assessor Parcel Number 040 02200 000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,339 | $132,880 | $131,600 | $1,280 |
| 2023 | $4,315 | $132,880 | $0 | $0 |
| 2022 | $63 | $1,975 | $1,175 | $800 |
| 2021 | $63 | $1,975 | $1,175 | $800 |
| 2020 | $63 | $1,975 | $1,175 | $800 |
| 2019 | $59 | $1,725 | $975 | $750 |
| 2018 | $55 | $1,725 | $975 | $750 |
| 2017 | $54 | $1,725 | $975 | $750 |
| 2016 | $51 | $1,725 | $975 | $750 |
| 2015 | $48 | $1,725 | $975 | $750 |
| 2014 | -- | $1,725 | $975 | $750 |
| 2013 | -- | $1,750 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $3,800,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $850,000 | Colonial Title Group | |
| Deed | $166,500 | -- | |
| Deed | $33,000 | -- | |
| Deed | $136,000 | -- | |
| Deed | $159,900 | -- | |
| Deed | $116,700 | -- | |
| Deed | $90,000 | -- | |
| Deed | $18,000 | -- | |
| Deed | $116,700 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $637,500 | New Conventional | |
| Previous Owner | $166,500 | No Value Available | |
| Previous Owner | $93,000 | No Value Available |
Source: East Tennessee REALTORS® MLS
MLS Number: 1308484
APN: 040-022.00
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