Interstate 40 Visibility Site off Hwy 25-70 in Newport

Vacant Land for Lease
Catylist Listing ID: 30739200
Property Subtypes: Hospitality, Industrial, Mobile Home Park, Multi-Family, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 3.15 Acres
Lease Rate: $50,000 (Annual)
$0.36 PSF (Annual)
Base Monthly Rent: $4,166
Lease Types: See Agent
Last Updated: 9/16/2021

Overview / Comments

Opportunity for long term ground lease of 3.15 acre site directly off W Hwy 25-70 on Smokey Mountain Lane. Property has high visibility from Interstate 40 and the new 432B exit ramp. Parcel is zoned C3 with the City of Newport and located near the existing Econo lodge and adjacent to the proposed Love’s Travel Center. Owner will consider build to suit possibilities.

Additional Details

Nearest MSA: Newport
County: Cocke
Tax ID/APN: 015046P B 00200
Property Visibility: Excellent
Largest Nearby Street: W HWY 25-70
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,213 5,007 17,230
Median Age: 40.94 40.66 41.98
Households: 849 2,110 7,203

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