Catylist ID:
#30812875
Rare Heavy Industrial Vacant Land Morristown, TN
Vacant Land
for Sale
| Catylist Listing ID: | 30812875 |
| Property Subtypes: | Industrial |
| Gross Land Area: | 74.26 Acres |
| Sale Price: | $1,485,200 |
| Unit Price: | $20,000 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/19/2023 |
Overview / Comments
|
74.26 acres of rare heavy industrial zoned acreage in Morristown, TN close to the Enka Plant off Enka Hwy (160) Exit 12 and Lakeway Recycling & Sanitation. Ingress/Egress Easement with B A S F Corporation and Lakeway Landco LLC to access property. As Tennessee’s 6th largest industrialized area, Morristown manufacturers export a wide range of products across the country and around the world. The city is served by three major industrial parks and is home to companies like Mahle, Colgate Palmolive, JTEKT Automotive, Val-Timet, Tuff Torq, Otics USA, Van Hool, PFG Hale, Vifan, Green Worx and Wallace Hardware. These industries are served by an outstanding network of air, land and rail transportation options. The City of Morristown is strategically located at the crossroads of upper east Tennessee. Halfway between Knoxville and the Tri-Cities, the 3rd and 5th largest metropolitan areas in the state, Morristown is easily accessible via I-81, I-40 and US 25-E, the East Tennessee Crossing National Scenic Byway. It is within a 10-hour drive of 76% of the United States population and 19% of the Canadian population placing our community at the “center of the nation’s marketplace”. Source and to find more about our economy here: https://www.mymorristown.com/departments/community_development/economic_development.php Potential Southern Railway access. Buyer and Buyer's agent responsible for confirming any and all intended uses for this property. |
Additional Details
| Nearest MSA: | Morristown |
| County: | Hamblen |
| Tax ID/APN: | 03205900900 |
| Zoning: | HI |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 3,951 | 13,928 |
| Median Age: | 43.77 | 40.64 |
| Households: | 1,602 | 5,612 |
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