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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,951 13,928
Median Age: 43.77 40.64
Households: 1,602 5,612


Photograph of Listing Agent

Leslie Jo Deaderick

Re/Max Real Estate Ten KAAR CIE Member
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