Hardin Valley Land with 2 Homes

Vacant Land for Sale
Also listed as Multi-Family, Office
Catylist Listing ID: 30833545
Property Subtypes: Multi-Family, Office
Gross Land Area: 8 - 10 Acres
Sale Price: $2,000,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/28/2023

Overview / Comments

Estimated 8-10 acres, survey on the way, with 2 homes in Hardin Valley with County Taxes! Great location between Lovell Rd and Hardin Valley Rd about 2 minutes from Pellissippi either way. Two homes, modular with about 2,200 SF and a brick home about 4,700 SF. Two parcels being sold as one, the larger, 1908 Schaeffer is zoned PR/TO 1-3 DU/AC, this is the larger of the 2. The smaller, front parcel, 1900 Schaeffer, is zoned RA/TO, there currently are several larger Multifamily projects and sub-divisions that one would think could help in an up-zoning in this location for a larger development or for other uses. Hard to find property.

All information within is deemed reliable but not guaranteed. Prospective buyer and/or Agent will need to perform their own due diligence to their satisfaction.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $5,027 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 104 10702; 104 108
Zoning: PR/TO 1-3 DU/AC & RA/TO
Site Description: Gently Sloping / Other
Area Description: Pellissippi Pkwy north, Hardin Valley Exit, turn right onto Hardin Valley Rd, right at stop light onto Schaeffer Rd, property ahead on left, gated entrance.
Topography: Gently Sloping

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,837 32,165 94,419
Median Age: 35.74 39.38 39.72
Households: 1,507 12,773 38,106

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