I 40 Parcel Exit 402 Midway Raod 56 Acres l First Time Offered

Vacant Land for Sale
Catylist Listing ID: 30598284
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort
Gross Land Area: 56 Acres
Sale Price: $349,900
Unit Price: $6,248 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 8/4/2020

Overview / Comments

Look at Adobe Map uploaded Document to see how incredible this location is and the proximity to I-40. 56 Acres located along Interstate 40. Exit 402 Midway Road one of the last remaining undeveloped Interstate exits in Knox County. Currently zoned AG but could be rezoned for a variety of uses. Exit 402 has and is undergoing substantial infrastructure improvements w the construction of the nearby Knox County Business Park along Thorngrove Road, a 500 acre business park that is attracting regional businesses to Knox County. Unique opportunity as this Parcel connects to Parcels that front Midway that are also offered for sale

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 086 049
Property Located Between: Strawberry Plains and Exit 407
Property Visibility: Excellent
Legal Description: Jarnigan Tract
Largest Nearby Street: Midway Road & Bales Road
Highway Access: Interstate 40 at Midway Road
Airports: McGhee Tyson
Site Description: Rolling 56 acre parcel w multiple access points along Bales Road. The property is visible to the North all along Interstate 40. Some TVA overhead powerline easements.
Area Description: Situated in East Knox is the property is located at Exit 402 only 5 miles from the 407 Exit Pigeon Forge Gatlinburg.
Zoning Description: Currently Zoned Ag
Topography: Rolling
Easements: Electric Lines
Easements Description: TVA Easements
Available Utilities: Electric, Water, Other
Water Service: Municipal
Sewer Type: None

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,173 21,124
Median Age: 40.46 40.15
Households: 3,551 8,063


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