5+ ACRES w/ COMMERCIAL/DEVELOPMENT Potential

Vacant Land for Sale
Catylist Listing ID: 30456096
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Vacation/Resort, Other
Gross Land Area: 5 Acres
Sale Price: $400,000
Unit Price: $80,000 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/11/2019

Overview / Comments

RARE OPPORTUNITY to own a large acreage tract within minutes (1 MILE) of I-40, Aubrey's & other dining, gas stations, and shopping. This property can be used as single family, commercial, or multi-family/subdivision development. It's a great rolling piece of land with several level and cleared spots and plenty of wooded privacy. GREAT SPOT FOR A NEW SUBDIVISION! There is an old farm house on the property that could be restored to its former glory with wrap around porch, parlor room, and tons of space plus additional structures/outbuildings for storage. The property could be sold as 11+ ACRES for $550k OR the 5.9 ACRES next to farm house is for sale at $200k. Call today for more information. Shown by appointment only.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 073 014
Zoning: C-1, MF-2, R-1
Property Visibility: Excellent
Legal Description: DOC #: 200802110059731
Largest Nearby Street: Strawberry Plains Pike
Lot Frontage: 753 ft
Zoning Description: used as single family; approved for commercial & multi-family
Topography: Rolling
Easements: Electric Lines, Utilities
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,851 26,619
Median Age: 40.95 41.43
Households: 3,886 10,574
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