Commercial or MF Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30787692
Property Subtypes: Multi-Family, Office
Gross Land Area: 4.45 Acres
Sale Price: $475,000
Unit Price: $106,741 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2022

Overview / Comments

Prime for multifamily! Adjacent to McKenzie acres apartments . Front portion of parcel l is zoned O-2 currently. Owner would consider sale contingent rezoned to R-4-C to match rear portion and allow for multifamily.

Additional 2 acres also currently for sale at corner of Tuskegee & Tulsa.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: City of Oak Ridge
Tax ID/APN: 001105CB00100
Zoning: O-2/R-4-C
Property Visibility: Excellent
Largest Nearby Street: Tulsa Dr
Feet of Frontage: 273
Traffic/Vehicle Count: 1,667
Lot Frontage: 273
Zoning Description: Front parcel is zoned O-2 currently but could be rezoned to R-4-C to match rear parcel and allow for multifamily.
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,209 23,880 36,264
Median Age: 37.6 41.43 42.78
Households: 2,033 10,509 15,529
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