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

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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


Photograph of Listing Agent

Steve Goldman, CCIM

Goldman Partners Realty, LLC KAAR CIE Member
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