Acreage Adjacent to West Knoxville Development

Vacant Land for Sale
Catylist Listing ID: 30353263
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad
Gross Land Area: 8.14 Acres
Sale Price: $1,496,250
Unit Price: $183,814 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2019

Overview / Comments

Approximately 8.143 acres in the fully urbanized Farragut jurisdiction of the West Knoxville metro area. Land has been under ownership of one family for over 70 years. Property is in three parcels, two are currently zoned R-1 (Single Family Residence and one 0-1(Office). The O-1 parcel contains an approximately 2,408 SF home constructed in 1965. Land slopes up from Snyder Rd through rising terrain. Entry is by an asphalt paved lane connected with Snyder Rd.

Attachments & Media

Financials

Finance Data Year 2018
Assessed Value - Total($) $47,000 (Annual)
Real Estate Taxes - Annual($) $996 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County/Farragut
Tax ID/APN: 130 125, 130 12501, 130 20502
Zoning: R-1 (SFR) / O-1
Property Located Between: North Cedar Bluff and North Campbell Station Rd
Property Visibility: Excellent
Legal Description: 11745 and 11747 Snyder Road, Knoxville, TN 37934, Tax parcels 130 125, 130 12501 & 1302502.
Largest Nearby Street: Snyder Rd
Feet of Frontage: 720
Traffic/Vehicle Count: 7,480
Highway Access: Property is in West Knoxville/Farragut between Lovell Road and Campbell Station Road. Exit I-40/I-75 West at North Campbell Station Road. Immediate right turn onto Snyder Road. Drive East past motels on left. Property is heavily wooded, on left fronting Snyder. Property is bounded on West by one lane asphalt entry road which is marked at intersection with Snyder by a Starting Points Day Care sign.
Airports: Knoxville Tyson
Site Description: The property is heavily wooded. All utilities are connected to the site. Property has approximately 720' of frontage on Snyder Rd with a daily traffic count of 7,480 vehicles passing the site. Snyder Rd is heavily commercialized as the main thoroughfare between Lovell Rd and North Campbell Station Rd via Outlet Dr.
Area Description: West Knoxville/Farragut yields 4,882 households with average income of $100K to $124K in a five-mile radius of the property and a total population of 102,202 thousand. Much of the Interstate Hwy traffic in the Eastern U.S. passes through Knoxville/Farragut on I-40/I-75. Turkey Creek Regional Shopping Center, an over 200-store facility fronts I-40/I-75 immediately south across those freeways from this property.
Lot Frontage: 720.6
Lot Depth: 454.6
Zoning Description: R-1 (SFR) / O-1
Topography: Other
Easements: Other
Easements Description: Sewer
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,706 33,218 81,453
Median Age: 36.16 42.66 40.92
Households: 1,022 12,901 32,183
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