Multiple Use Possibility | 11.28 Acres

Vacant Land for Sale
Catylist Listing ID: 30630471
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Other
Gross Land Area: 11.28 Acres
Sale Price: $360,000
Unit Price: $31,914 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/29/2020

Overview / Comments

11.28 Acres +/- situated on Highway 411, just east of Downtown
Madisonville and offering 16,000 cars per day exposure (825 Ft of
Frontage on 411). The property sits both within Madisonville city
limits, offering C-3 Zoning on the frontage, with the rear and east
flank portion being within Monroe County, which has no zoning
regulations other than site approval.

Possible signalized access at Wayman Rd. To be verified by Buyer.

The property would be ideally suited for multiple commercial uses,
residential, multi-family development or a large estate tract
(possibly would require rezoning) .

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Monroe
Taxing Authority: Monroe County/City of Madisonville
Tax ID/APN: 062057 09103
Zoning: C-3 MADISONVILLE AND NO ZONING MONROE COUNTY
Property Located Between: Vonore and Madisonville
Property Visibility: Excellent
Largest Nearby Street: 411
Feet of Frontage: 825
Traffic/Vehicle Count: 16,000
Site Description: A contiguous tract offering 825 ft +/- of Highway 411 frontage at the gateway of Madisonville, Tn. Split zoning, with frontage being within the City of Madisonville and the rear and east flank portion falling within Monroe County.
Lot Frontage: 825
Lot Depth: 642
Zoning Description: Split zoning, with frontage being within the City of Madisonville (C-3) and the rear and east flank portion falling within Monroe County.
Topography: Rolling

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,340 17,416
Median Age: 39.35 41.28
Households: 2,500 6,961

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