Development Ready Multi-Use Land

Vacant Land for Sale
Catylist Listing ID: 30483971
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1.50 - 172 Acres
Sale Price: $30,000 - 500,000 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/25/2020

Overview / Comments

The subject Rutledge Pike offering consists of approximately 172 acres of ready-to-develop commercial and residential land just past the Knox County line. Three acres sit directly adjacent to the newly constructed Food City and new Dollar General, thus benefiting from high visibility and a continuous traffic flow throughout the day. Additionally, four and a half acres across the street are adjacent to the new O'Reilly's and New South Credit Union. The bulk of the acreage is located behind the Food City and would be well suited for office, multi-family, self-storage, or residential subdivision development.

- Utilities Onsite
- Flexible Zoning
- High Visibility
- Substantially Flat Topography
- No Commercial Inspector Requirement
- Helpful Local Planning Commission
- Multiple Points of Ingress and Egress
- Several New National Retailers Nearby

Additional Details

Nearest MSA: Morristown
County: Grainger
Tax ID/APN: 098 107.00
Property Visibility: Excellent
Largest Nearby Street: Rutledge Pike
Feet of Frontage: 1,250

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,775 16,967
Median Age: 42.42 40.48
Households: 2,308 6,587


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