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.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County and City of Knoxville
Tax ID/APN: 122EE004, 122EE005, 122EE006
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

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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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