Vacant Land on I-40
Vacant Land
for Sale
| Catylist Listing ID: |
30759254 |
| Property Subtypes: |
Hospitality, Office, Retail, Self Storage
|
| Gross Land Area: |
1.80 Acres
|
| Sale Price: |
$360,000 |
| Unit Price: |
$200,000 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/16/2023 |
Overview / Comments
1.8 acre wooded lot with easy access and high visibility from heavily traveled Interstate I-40 located in Cocke County, Newport TN. This property boasts 203' road frontage on I-40. Motel 6, Weigel's and Newport Cinema are neighboring businesses. Well suited for retail, wholesale, shopping center, restaurant, hotel or office. Great development opportunity in a growing market.
|
Additional Details
| Nearest MSA: |
Newport |
| County: |
Cocke |
| Tax ID/APN: |
015056I H 00204 |
| Zoning: |
C-2 |
| Property Located Between: |
I-40 and Heritage Blvd |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
I-40 |
| Feet of Frontage: |
203 |
| Traffic/Vehicle Count: |
35,299 |
| Highway Access: |
I-40, Cosby Hwy TN-32 |
| Airports: |
McGhee Tyson Airport - 60 miles |
| Lot Frontage: |
203' |
| Lot Depth: |
329' |
| Zoning Description: |
Currently zoned C-2 General Business which is well suited for retail, wholesale, shopping center, restaurant, hotel or office.
C-3 zoning can be easily obtained which is suited for the same business but allows signage up to 100' high and up to 350 sq ft. |
| Topography: |
Rolling |
| Available Utilities: |
Electric, Water, Gas, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,455 |
11,123 |
17,376 |
| Median Age: |
40.52 |
42.48 |
41.46 |
| Households: |
621 |
4,689 |
7,273 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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