Lot #1 PRIME DEVELOPMENT LAND & BUILDING 1.6 ACRES

Retail-Commercial for Sale
Catylist Listing ID: 30744940
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Movie Theatre, Restaurant, Vehicle Related, Other
Building Size (RSF): 9,384 SF
Gross Building Area: See Agent
Gross Land Area: 1.60 Acres
Sale Price: $750,000
Unit Price: $79.92 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Theater/Church
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/5/2021

Overview / Comments

Lot #1 has 1.6 Acres and Apx. 9,384 sqft of space. The owner is currently clearing the property around and behind the building and preparing it for commercial, residential or multi-family development use. There is an access easement, as shown on the picture, from the 4 way red light located on Jacksboro Hwy. The owner will also bundle Lot #2, 6.7 Acres as part of the deal at a discounted rate. (Lot #2 is currently priced at $150k per acre)

Additional Details

Nearest MSA: Knoxville
County: Campbell
Taxing Authority: Campbell County
Tax ID/APN: 007103F C 00200
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Fair
Year Built: 1979
Year Renovated: 2020
Parking Description: Former Theater/Church Parking
Heat Type: Electricity
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,177 21,753
Median Age: 39.56 40.66
Households: 4,470 8,724

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