| Date | December 17, 2026, 1:00 pm (America/New_York) |
|---|---|
| Tracts | 1 of 2 |
| Type | Live with online bidding |
| Tract Status | Active |
| Auction Location | Cherished Memories Wedding & Event Venue, 480 Bailey Dr, New Tazewell, TN 37825 |
Tract 1 of 2
Description
Tract 1 Description – 0.53± Acres 402 S. Broad Street, New Tazewell TN 37824
High-visibility prime commercial development property in the heart of New Tazewell with excellent frontage along Tennessee State Route 33 (Broad Street), one of the area's busiest commercial corridors. Surrounded by established retail and national businesses, this site offers outstanding potential for retail, restaurant, or drive-thru development. The property features highway frontage plus additional access from Russell Road, providing convenient entry from two directions and excellent traffic flow. Located next to Tractor Supply Co. with strong visibility and traffic counts of approximately 20,000 vehicles per day. City utilities are available including sewer, water, power, and high-speed internet, making the property development-ready. Positioned in a growing retail area with nearby shopping, restaurants, and services, and just minutes from Norris Lake with easy access to Knoxville. Excellent opportunity for investors, developers, or national franchises seeking a high-traffic location in a rapidly growing commercial area.
Tract 1 - 0.53± Acres
- Prime commercial tract in the heart of New Tazewell
- Highly visible with road frontage on SR 33 and side road access
- Sits in front of Tractor Supply
- All city utilities available
- Ready to develop
- Traffic counts over 20,000/day
Terms of Sale
BUYERS PREMIUM: 10%
TAXES: Prorated to date of close
TENANCY: No tenants
RENTS: No rents
MINERALS: Seller-owned rights will convey
CLOSING COSTS: Buyer and seller to pay their own closing costs
CLOSING DATE: On or before 30 days from seller acceptance
DOWN PAYMENT: 10%
POSSESSION DATE: At closing
SURVEY: Current surveys on file
SELLER: Yeary
SALE ORDER: By the total dollar
SALE METHOD: Sells Subject to seller acceptance
Licensing
Ranch & Farm Auctions LLC, Lic 264661, Phone # 217.285.9000
Jeffrey “Jeff” M. Evans, Principal Broker, License # 325829
Thomas Crutcher Jr., Broker, License # 350772, Phone # 931.372.1844
Mr. Josh Anthony Monk, Principal Broker, License # 343555, Phone # 901.207.8785
Joe Gizdic, Director, Ranch & Farm Auctions LLC, 217.299.0332
Tim Burnette, TN Affiliate Broker, Land Specialist for Whitetail Properties Real Estate, LLC, 865.368.0002
Russell L. Mills, Auctioneer License #4952/Broker License # 290793
