43 +/- AC available on New Highway 68 in Monroe County, TN

Vacant Land for Sale
Also listed as Farm/Ranch, Multi-Family
Catylist Listing ID: 30726300
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Self Storage
Gross Land Area: 43 Acres
Sale Price: $7,900 Per Acre
Total Price: $339,700
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/5/2022

Overview / Comments

Sold at $7,900 Per acre, no current survey, new survey will determine acreage and final price.

Estate owned, 43 +/- Acres on New Highway 68 in Monroe County, TN. No current survey, nice amount of Highway 68 frontage, close to a mile to Madisonville, TN and Highway 411, not far from Sweetwater, Interstate 75, Tellico Plains, Mountains, etc. Property currently in Greenbelt, relatively flat topography, 2 cleared fields on the Madisonville side, with some clearing behind the house and to the left of the structures. Old House, not habitable, old barn and some outbuildings. TVA Easement comes through part of the property on the Madisonville side, comes across the road from the property across which is also available, 84 +/- acres, $7,900 per acre, no current survey. Picture in Listing of easement. Property taxes include the tract across the road as well.

Estate Owned, Property sold as-is, where-is, no warranties, representations or guarantees, owners will not split up this property, 43 +/- acres, at this time.

All information within this Listing is deemed reliable but not guaranteed, buyer must perform their own due diligence to their satisfaction.

Attachments & Media

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $1,103 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Monroe
Tax ID/APN: 067 032
Zoning: NO ZONING
Site Description: Mostly flat, farmers pond, old outbuildings, several acres hay.
Area Description: I-40 West to I-75 South to Chattanooga, Exit 60, Sweetwater/Spring City. Turn left onto Hwy 68. Property on left almost to Madisonville. Sign in front of old home.
Topography: Rolling
Easements: Electric Lines
Easements Description: TVA Power Line Easement
Available Utilities: Electric

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,081 15,243
Median Age: 39.33 40.42
Households: 2,434 5,978

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