Riverfront Acreage Next to I-26

Vacant Land for Sale
Catylist Listing ID: 30771132
Property Subtypes: Mobile Home Park, Multi-Family, Residential (Single Family), Retail, Self Storage, Vacation/Resort, Other
Gross Land Area: 183,387 SF
Sale Price: $950,000
Unit Price: $5.18 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/17/2022

Overview / Comments

Just released, Erwin and Unicoi county are celebrating the investment of almost $20 million dollars at the Coffee Ridge Resort. The resort will create cabins and amenities in a luxury atmosphere surrounded by the beautiful Appalachian Mountains, and will be the first of its kind in Upper East Tennessee.
The warm, friendly community makes Unicoi County a great place to live. The low cost of living, solid infrastructure and unique job opportunities draw people from around the world. Attractions like Downtown Erwin, the beneficiary of a recent $5 million facelift and events like the Unicoi County Apple Festival bring residents together to enjoy this wonderful place.
Unicoi County is also home to the newly named Rocky Fork State Park. Visitors to the state park can enjoy amazing fly fishing, spectacular views of waterfalls, mounting biking trails and hiking trails.
The Nolichucky River, with its churning white waters, is a magnet for water-loving outdoor enthusiasts. With steep mountain slopes and cliffs rising more than 2,000 feet, the Noli winds through the deepest gorge in the eastern United States. Class 3 and 4 rapids are found at the head of the river and widening and calming waters in the lower region, makes the waters of the Nolichucky a playground for anyone looking to whitewater raft, kayak, paddle board or tube.

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Additional Details

Nearest MSA: Johnson City
County: Unicoi
Tax ID/APN: 086030 00700
Zoning: B2
Property Visibility: Excellent
Largest Nearby Street: INTERSTATE I-26
Highway Access: Located at Exit 40 on I-26, in Erwin, TN, you will find 4.21 level, cleared acres, bordered by the pristine Nolichucky River, Interstate 26 and Jackson Love Hwy!
Airports: The Tri-Cities Regional Airport is only 40 minutes away and it is designated as a Foreign Trade Zone. Unicoi County borders North Carolina and travelers are less than an hour from the Asheville Municipal Airport.
Site Description: All utilities are available including water, sewer, electricity, gas and high speed internet. This parcel is currently designated an Opportunity Zone through 2021. Ask your accountant about the substantial tax advantages available when investing in Opportunity Zones.
Area Description: Interstate 26, the CSX rail system, (and additional transportation options less than an hour away), Unicoi County is a strategic choice for businesses. Interstate 26 runs right through the county and offers travelers incredible views of the surrounding breathtaking landscape, as well as connection to Interstate 81, just 30 miles away.
Zoning Description: Due to its excellent location and B2 zoning, this incredible property offers tremendous opportunities, whether you are interested in a full service convenience center, truck stop, RV campground, restaurant, retail space, or light manufacturing. Unicoi County has solid infrastructure. The fiber to the premises (FTTP) service, providing 1 Gbps connectivity to homes, businesses, and schools, is the first of its kind in rural Appalachia.
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,283 8,453 14,223
Median Age: 50.44 44.72 44.68
Households: 514 3,582 5,980
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