53 +/- AC on New Hwy 68 - Close to Hwy 411 and Madisonville

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, Vacation/Resort
Gross Land Area: 53 Acres
Sale Price: $395,000
Unit Price: $7,452 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2021

Overview / Comments

Within a mile to Madisonville and Hwy 411. Rustic old farmhouse and barn that would need a ground up restoration or scrape. 53 +/- acres in Greenbelt with several acres producing hay. Roughly over 3,000 feet of New Hwy 68 road frontage. No zoning in Monroe County would lend this property to countless uses. Small TVA easement through the Madisonville side and along short section of back of property, see photo. Electric at property, water & gas in the area. No Survey.

All information contained in Listing is considered reliable but not guaranteed. Buyer must confirm any and all information.

Attachments & Media

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $1,355 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Monroe
Tax ID/APN: 067 032
Zoning: NO ZONING
Site Description: Mostly flat, farmers pond, old outbuildings, some timber, 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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