Opportunity Zone! - 4.0 Acres Commercial Land Near Hunter's Crossing

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30741014
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail
Status: Pending/Contingent
Gross Land Area: 4 Acres
Sale Price: $749,000
Unit Price: $187,250 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2022

Overview / Comments

In an Opportunity Zone!

Own over 660' of road frontage on Middlesettlements Rd. within .1 mile of Hunter's Crossing. Property consists of 2 parcels (1.6 and 2.4 acres). Depth of property is 280'. Zoning is Planned Commercial Unit Development E-1. See attachment for details.

New Weigel's within .1 mile on Corner of Middlesettlements and Hunters Crossing.
Property is surrounded by The Ridge Luxury Apartments. 192 new apartments under development scheduled to be completed in 2022 within .2 miles.

Excellent location for multi-family, retail, residential, etc. development!

Additional Details

Nearest MSA: Knoxville
County: Blount
Tax ID/APN: 005046 02400
Property Visibility: Excellent
Feet of Frontage: 660
Lot Frontage: 660
Lot Depth: 280
Zoning Description: See attached zoning Description

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,867 35,341 72,242
Median Age: 36.61 37.81 40.23
Households: 2,202 14,407 28,903


Photograph of Listing Agent

Daniel Monat

LeConte Realty, LLC KAAR CIE Member
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