Signalized Corner/Maryville Pike Land
Vacant Land
for Sale
| Catylist Listing ID: |
30837393 |
| Property Subtypes: |
Retail, Retail-Pad, Other
|
| Gross Land Area: |
0.87 Acres
|
| Sale Price: |
$450,000 |
| Unit Price: |
$517,241 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/31/2023 |
Overview / Comments
FOR SALE - Hard redlight corner for sale in the heart of the community of Vestal. Currently improved with a small 1-story building with a drive-through. A total of 0.87-acre property consisting of 3 separate lots.
Ideal location for a gas station, convenience store, or other retail use. Close to many rooftops, industrial uses, and high-density student housing along Cherokee Trail.
There is a small 1,078 SF building located on the site with a drive-through. The building is in poor condition. Utilize the existing building with renovations or raze for new development. Bring offers and inquiries.
*** Short-term lease to KUB for current construction for 6 months.
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Taxing Authority: |
Knox County and City of Knoxville |
| Tax ID/APN: |
122EE004, 122EE005, 122EE006 |
| Zoning: |
C-G-1 (GENERAL COMMERCIAL) |
| Property Located Between: |
Maryville Pike and Sims Road |
| Property Visibility: |
Excellent |
| Legal Description: |
N/A |
| Largest Nearby Street: |
Maryville Pike |
| Feet of Frontage: |
233 |
| Traffic/Vehicle Count: |
5,874 |
| Highway Access: |
The closest TDOT average daily traffic count is 5,874 vehicles per day. Close access to Alcoa Highway and Chapman Highway. |
| Airports: |
Tyson McGee |
| Site Description: |
Three separate parcels with curb cuts at Maryville Pike and Simms Road. |
| Area Description: |
Located across from Green Grocery, within close proximity to rooftops. Established neighborhood with a mix of retail, residential, multi-family and industrial uses. |
| Lot Frontage: |
233 |
| Lot Depth: |
183 |
| Zoning Description: |
The C-G General Commercial Zoning District is intended
to provide for a heterogeneous mix of retail, personal service,
office, and residential uses within and along Knoxville’s
commercial nodes and corridors. The C-G District is intended
to promote mixed-use development in a pedestrian-oriented
environment that recalls the City’s traditional business districts,
and offers flexibility in the creation of integrated commercial,
office and residential spaces. |
| Topography: |
Rolling |
| Available Utilities: |
Electric, Water, Gas, Sewer, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,644 |
53,910 |
115,391 |
| Median Age: |
31.29 |
31.46 |
34.59 |
| Households: |
1,521 |
21,198 |
47,699 |
|
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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.
|
