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.
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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 |
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 |
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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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