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31993069
31993068

307 John Hunter Hwy, Elora, TN 37328 For Sale

JJ
TN 379838
Go Realty, LLC
Listed by Go Realty, LLC
$220,000
91 days on market
Updated 7 days ago

307 John Hunter Hwy

Details
Property Type Office, Hospitality (+1)
Square Footage 5,250
Tenancy Multi
Price per SqFt $42
Year Built 1997
Acreage 2.000
Zoning Commercial
Investment Type Value Add
Ground Lease No

Rare rural travel plaza conversion opportunity on a freight corridor

Marketing description

This 5,250 SF, 6-unit commercial property sits on 2 acres along John Hunter Highway (TN-130) near the US-64 and I-24 corridor, with C1 General Commercial zoning confirmed and approximately 157 commercial vehicles passing daily (2025 TDOT data). This property offers a drive-through parking lot and has had some recent electrical updates. The property generates immediate income with 2 units leased at $500/month each on flexible month-to-month terms, while the remaining units offer multiple repositioning paths: — One unit is ideally suited for a trucker lounge and shower facility, the highest-demand amenity in commercial driver stops — One unit has café or quick-service food potential, a natural complement to a travel-oriented concept — Remaining units available for retail, service, or flex commercial tenants Pro forma rents across all units reach $3,000+/month once stabilized — before factoring in truck parking revenue (currently achievable at $15–$30+/night via platforms like Truck Parking Club) or storage container income. New truck stop construction runs $100,000–$200,000 per acre. At $220,000 for 2 acres with an existing structure, Truck parking shortage is real. This corridor is under served. Bring your vision. If you need help with your vision seller is open to creative financing or seller to carry.

Investment highlights

  • Lease Per Month $500
  • List Price $220,000
  • Net Income Per Month $1,000

Listing Contacts

JJ
TN 379838
Go Realty, LLC
Listed by Go Realty, LLC

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Additional Information

Name
Justin Johnson
License
379838
Brokerage Phone
6196185513
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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