HDR, Multi-Family, City Utilities

Vacant Land for Sale
Catylist Listing ID: 30831788
Property Subtypes: Multi-Family
Gross Land Area: 0.26 Acres
Sale Price: $160,000
Unit Price: $615,384 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/26/2023

Overview / Comments

This HDR property is located on Paine St in Sevierville, TN. It is zoned for high density residential and has access to all city utilities. The surrounding area is home to successful multifamily developments, making it an attractive location for investors. The location and zoning make it suitable for multifamily development and the property's access to utilities will allow for an immediate development. If you are an investor looking to capitalize on the growing multifamily market, this is an opportunity not to be missed. Contact me to schedule a tour and discuss the potential return on investment. There is an old house on the property, we are not assuming any value to it. Please refrain from entering as it may be unstable.

Additional Details

Nearest MSA: Sevierville
County: Sevier
Taxing Authority: Sevier County, City of Sevierville
Tax ID/APN: 078061F A 02000
Zoning: HDR
Property Located Between: Ridge Rd and Park Rd
Property Visibility: Good
Largest Nearby Street: Ridge Road
Lot Frontage: 50'
Lot Depth: 235'
Zoning Description: It is the intent of this district to provide areas for high density residential development plus open areas where similar development is likely to occur. Professional services are permitted in the district provided that they meet applicable standards, are limited so as not to encourage general business activity, and are located on a major arterial or collector street as noted on the zoning map.
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,971 16,670 29,896
Median Age: 30.08 38.9 39.06
Households: 980 6,736 11,753
© 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.