12.37+/- Acres Planned Residential Zoning-Chapman Highway
Also listed as Special Purpose
|Catylist Listing ID:
Multi-Family, Residential (Single Family), Other
|Gross Land Area:
||$68,714 Per Acre
||Cash to Seller
Overview / Comments
Approximate 13.9 acres with county PR zoning. Once approved for 95 town homes, with prior approved plans, permits and surveys. Owners forego-ed development due to health issued.
*County PR zoning allows up to 24 units per acre based on the following language: The appropriate development density of each project shall be determined by the planning commission but shall not exceed twenty-four (24) dwelling units per acre excluding areas set aside for churches, schools, or commercial uses.
Docs on file: KUB Utility Ext. Agreement, TDEC Wastewater Agreement, Prior MPC recommendation for development, Prior TDOT approval for turning lane, traffic studies, 2009 Appraisal @ $1.46M, 95 unit site plan, Highway improvement plan, drainage and retention plan, water service plan and topo.
This is an amazing opportunity for development, with much of the preliminary work being done at a cost of approximately $150,000.00.
Attachments & Media
|Property Located Between:
||South Knoxville and Seymour
|Largest Nearby Street:
|Feet of Frontage:
||Chapman Highway adjacent.
||McGhee Tyson 20 Minutes
||Table top plateau grade with big views zone Knox County Planned Residential (PR), allowing up to 24 units per acre pending MPC review.
||Located in rapidly growing South Knoxville with big views. Convenient to downtown and the Smokey Mountains.
||*County PR zoning allows up to 24 units per acre based on the following language: The appropriate development density of each project shall be determined by the planning commission but shall not exceed twenty-four (24) dwelling units per acre excluding areas set aside for churches, schools, or commercial uses.
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