RARE 157 ACRES IN HARRIMAN CITY I-40 EASY ACCESS

Vacant Land for Sale
Catylist Listing ID: 30839186
Property Subtypes: Agricultural, Industrial, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort
Gross Land Area: 156 - 157 Acres
Sale Price: $595,000
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/22/2023

Overview / Comments

SEVERAL BUSINESSES IN THIS AREA SHARE ACCESS ROADS. THE ACCESS TO A VERY PROMINENT RESTAURANT IS THROUGH THE PARKING LOT OF A LARGE INN. THE ACCESS TO THIS PROPERTY IS THROUGH THE PARKING LOT OF ANOTHER BUSINESS WITH THIS BUSINESS FULLY AWARE. THIS IS A LEGAL ACCESS, COURT ORDERED MANY YEARS AGO FOR SEVERAL PROPERTY OWNERS IN THIS AREA. THE 2ND ACCESS IS THROUGH A PROMINENT RESTAURANT'S PARKING LOT. FULLY LEGAL AND DOCUMENTED.
SO, IF YOU WANT TO BUY 157 ACRES, INCLUDING 1.2 APPROX COMMERCIAL LOT, THIS IS IT.
157 ACRES FOR UNDER 600K...EXCELLENT INVESTMENT OR DEVELOPMENT POTENTIAL WITH MILLION DOLLAR VIEWS ON THE TOP OF THIS PROPERTY.
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Additional Details

Nearest MSA: Knoxville
County: Roane
Tax ID/APN: 073035 03900
Zoning: APPROX 1.2 ZONED COMMERCIAL LOT AND 156 ACRES WOODED LAND
Property Located Between: HARRIMAN AND ROCKWOOD
Property Visibility: Excellent
Legal Description: See attached documents
Largest Nearby Street: Highway 27
Feet of Frontage: 240
Highway Access: I-40 and Hwy 27 are easily seen from this property.
Site Description: Approx 1.2 Acres Zoned Commercial and 156 Acres Zoned Farm With a 50 ft non-exclusive easement across the front of Shoney's parking lot.
Area Description: VERY VISIBLE FROM HIGHWAY AND INTERSTATE
Topography: Steep
Easements: Other
Easements Description: 50 FT NON-EXCLUSIVE EASEMENT ACROSS FRONT OF SHONEYS PARKING LOT 25 FT DEEDED EASEMENT ACROSS CRACKER BARREL PARKING LOT
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal
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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,672 7,415 23,313
Median Age: 44.55 43.8 44.27
Households: 726 3,201 9,697
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Contact

Photograph of Listing Agent

Ginger Burnstine

Mountains to Lakes
KAAR CIE Member
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