North Broadway Commercial Frontage
Vacant Land
for Sale
| Catylist Listing ID: |
30758710 |
| Property Subtypes: |
Office, Retail, Retail-Pad, Self Storage, Other
|
| Gross Land Area: |
1.16 Acres
|
| Sale Price: |
$315,000 |
| Unit Price: |
$271,551 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/1/2023 |
Overview / Comments
For Sale, For Lease or Build-to-Suit! Income-producing, prime undeveloped tract with excellent visibility on busy (33,000+ ADT) north Broadway in Fountain City. A frontage of 122' provides excellent access to the 1.16-acre parcel. Zoning of Commercial Highway 2 (C-H-2) allows multiple higher-intensity commercial uses of a predominantly auto-oriented character… including those requiring permanent outdoor service or storage areas. Any uses considered should be confirmed with the Planning Commission.
The site gently slopes up from the Broadway frontage enhancing visibility of any future development. The elevation of the site on the slopes of Black Oak Ridge protects from potential flooding according to FEMA flood maps.
All municipal utilities are available at the site, furnished by Knoxville Utilities Board.
A billboard on the south side of the property is leased to Lamar Advertising and provides $2,000 of annual income.
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Taxing Authority: |
City of Knoxville |
| Tax ID/APN: |
048NC013 |
| Zoning: |
C-H-2 |
| Property Located Between: |
Interstate 40 & N Broadway |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
N Broadway |
| Feet of Frontage: |
122 |
| Traffic/Vehicle Count: |
33,769 |
| Airports: |
TYS |
| Lot Frontage: |
122 |
| Lot Depth: |
207 |
| Zoning Description: |
. C-H Highway Commercial Zoning District The C-H Highway Commercial Zoning District is intended to accommodate higher-intensity commercial uses of a predominantly auto-oriented character, including retail, rental, and service establishments of a more intense commercial character including those requiring permanent outdoor service or storage areas. |
| Topography: |
Gently Sloping |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,384 |
58,128 |
131,760 |
| Median Age: |
38.26 |
38.96 |
38.12 |
| Households: |
3,683 |
25,487 |
55,776 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
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.
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