1.06 acre W. Andrew Johnson Hwy-Morristown

Vacant Land for Sale
Catylist Listing ID: 28849928
Property Subtypes: Retail, Other
Gross Land Area: 1.06 Acres
Sale Price: $750,000
Unit Price: $707,547 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/7/2021

Overview / Comments

Prime commercial property located at the red light across from Ingles on W. Andrew Hwy. l.06 acres. Ideal for medical, office or retail. 609 sq ft building on site previously used as restaurant.

Additional Details

Nearest MSA: Morristown
County: Hamblen
Tax ID/APN: 032040L E 00100
Zoning: IB
Property Visibility: Good
Legal Description: Tax map: 040L E 001.00
Largest Nearby Street: W Andrew Johnson Hwy
Feet of Frontage: 132
Traffic/Vehicle Count: 29,413
Highway Access: W Andrew Johnson Hwy, Merchants Green, Hwy 160
Airports: Morristown Regional Airport
Zoning Description: IB
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,422 20,820 46,756
Median Age: 40.95 39.64 38.84
Households: 1,382 8,100 18,330


Photograph of Listing Agent

Paul LeBel, CCIM

LeBel Commercial Realty KAAR CIE Member
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