1012 Highway 11-E W New Market, TN ^$ 690,000

1012 Highway 11-E W

^$ 690,000

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1012 Highway 11-E W

New Market, TN, 37820

^$ 690,000

Studio Baths0.0

Monthly Estimate*

^$ 4,820

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Studio

Commercial Property for sale in New Market, TN

for $690,000. This building was built in 1954 on a lot size of 2.87.

Rare Industrial Opportunity in New Market! Over 3 acres that backs up to the railroad tracks and has road frontage on Highway 11-E. There is a 3-bay garage on the property, office and several other buildings. Previously a block plant during the expansion of Hwy 11-E and later used as a garage/repair/restoration shop by the current owner. Perfect for storage buildings, warehousing, or almost anything imaginable. 150' of highway frontage and backs up to the railroad. This property has endless possibilities to the right buyer. Gas station next door is for sale as well if you're looking to expand.

Commercial Active

Price

^$ 690,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 936

Style

Industrial

Lot Size

2.87

Year Built

1954

Town/City

New Market

County/Region

Jefferson

MLS | Web ID

700151

Features

General

Sewer Public Sewer

Heating Wood Stove

Utilities Electricity Connected Natural Gas Available Sewer Connected Water Connected

Possession Negotiable

County Jefferson

Property Type D

Tax Year 2022

Occupant Type Call Agent

Status Active

Auction Y/N No

Construction Materials Block Brick

Sub Type Industrial

Year Built 1954

Directions 1012 Highway 11E-W New Market TN 37820. GPS is correct see signs. Agent or Owner will need to be present for all showings. Property is gated.

City New Market

Street Name Highway 11-E

Coming Soon Rare Industrial Opportunity in New Market! Over 3 acres that backs up to the railroad tracks and has road frontage on Highway 11-E. There is a 3-bay garage on the property office and several other bu

Exterior

Lot Features Level Paved

Fencing Gate

Water Source Public

* Excluded Features

List By

Mountain Home Realty

Broker

stellaparton22@gmail.com

Affordability Calculator

$4,898

Per Month

Monthly Principal & Interest: $4,820
Monthly Property Taxes: $78
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in New Market, TN

Average List Price ^$951,667

Percent of Sale Price 38%

About New Market, TN

1,242 Population

6% Since 2002

^$46,121 Median Income

42.88 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2484365 Elementary School

2484217 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/12/2023	$690,000	-8.00%	Price Down
6/17/2023	$750,000		Listed Price

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1012 Highway 11-E W, New Market, TN, 37820 is a Commercial Property for sale at $690,000 with a lot size of 2.87. 1012 Highway 11-E W is a studio with 0.0 baths and was built in 1954. The property's zip code is 37820 which is in New Market, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Lakeway Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lakeway Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/17/2024.

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1012 Highway 11-E W

Commercial Property for sale in New Market, TN

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