Walden Ridge Tract

Vacant Land for Sale
Catylist Listing ID: 30761252
Property Subtypes: Agricultural, Residential (Single Family)
Gross Land Area: 3,343 Acres
Sale Price: $4,500,000
Unit Price: $1,345 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

Large East Tennessee acreage near Windrock Park, Frozen Head State Park, Catoosa Wildlife Management Area, and several other outdoor recreation attractions. Conveniently located just under 10 miles from I-40 and less than 50 miles from Downtown Knoxville. The property offers endless mountain views from the top of Walden Ridge with miles of OHV trails branching from a well maintained gravel road leading to the center of the property. A timber inventory conducted in 2017 shows an estimated 10.9 +/- million board feet of sawtimber and estimated 134,500 +/- tons of pulpwood and has been left to grow since the inventory. A great option for investors looking to generate annual passive income via timber sales, the forest carbon offset market, and recreational leases, or to create a private recreational retreat with a cabin. Active investors may want to exploit the property's development potential. Contact Matthew Carr for more information 855-384-LAND.

Additional Details

Nearest MSA: Knoxville
County: Roane
Easements: Pipelines, Electric Lines, Ingress/Egress, Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,722 7,980 16,831
Median Age: 43.45 42.71 42.71
Households: 653 3,269 6,861


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