Prime Commercial Lot

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30761223
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Self Storage
Status: Pending/Contingent
Gross Land Area: 1.78 Acres
Sale Price: $411,000
Unit Price: $230,898 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/28/2022

Overview / Comments

1.78 acres located in prime commercial area of Newport. High Visibility and Quick access to I-40. Well suited for a variety of businesses including retail, wholesale, shopping center, restaurant, hotel or office.

Additional Details

Nearest MSA: Newport
County: Cocke
Tax ID/APN: 015056I H 00200
Zoning: C-2
Property Visibility: Excellent
Largest Nearby Street: I-40
Traffic/Vehicle Count: 35,299
Highway Access: I-40. Cosby Hwy TN-32
Airports: McGhee Tyson Airport - 60 miles
Lot Frontage: 215'
Lot Depth: 444'
Zoning Description: Currently zoned C-2 General Business allowing 30' high signage and up to 150 sq ft. C-3 Zoning can easily be obtained allowing signage up to 100' high and up to 350 sq ft.
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,455 11,293 17,376
Median Age: 40.52 40.67 41.46
Households: 621 4,771 7,273


Photograph of Listing Agent

Brian H. Tapp, SIOR, CCIM

CBRE, Inc. KAAR CIE Member
Photograph of Listing Agent

Andrew Wilmoth, CCIM

CBRE, Inc. KAAR CIE Member
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