Development Opportunity - Alcoa - 4.56 Acres

Vacant Land for Sale
Catylist Listing ID: 30047776
Property Subtypes: Hospitality, Office, Retail
Gross Land Area: 4.56 Acres
Sale Price: $1,100,000
Unit Price: $241,228 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/25/2020

Overview / Comments

Ideal location for Assisted Living, hospitality or general business purpose. A traffic signal may be approved for the median cut in front of the property. Included in the acreage is a green belt set back of 100 feet depth from Hall Road. This setback cannot be built on but will add a green buffer area to the the parcel.

Buyer should confirm all measurements.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: City of Alcoa
Tax ID/APN: 046D C 001.04
Feet of Frontage: 566
Traffic/Vehicle Count: 25,156
Area Description: A 4.56 AC parcel zoned general business. On Hall Road in front of Alcoa City Center. Less than five minutes from Knoxville Airport, close to restaurants, hotels and 30 minutes from Smoky Mountain National Park.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,793 35,954 72,522
Median Age: 39.61 37.8 40.34
Households: 1,596 14,822 29,128


Photograph of Listing Agent

Jim Holleman

Avison Young KAAR CIE Member
Photograph of Listing Agent

Andrew Wilmoth

Avison Young KAAR CIE Member
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