Commercial/Residential multi or single family

Vacant Land for Sale
Catylist Listing ID: 30834914
Property Subtypes: Industrial, Multi-Family, Residential (Single Family), Retail-Pad, Self Storage
Gross Land Area: 31.50 Acres
Sale Price: $559,000
Unit Price: $17,746 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/24/2023

Overview / Comments

POTENTIAL DEVELOPEMENT Off Peavine road and I-40 on East First Street, this COMMERCIAL PROPERTY IS 31.5 ACRES, PART CITY, PART COUNTY BACKS UPTO I-40 (EXIT 322) CITY SEWAGE, READY TO BE DEVELOPED! OVER 780 ROAD FRONTAGE ON E. FIRST AND 308' of I-40 INTERSTTE EXPOSURE. APPROX. 2/3 IS CLEARED AND ALL UTILITIES AVAILABLE. FRONT OF PROPERTY IN THE CITY WITH BACK IN THE COUNTY AND NEW SURVEY AVAILABLE WITH A PROPOSED SURVEY (FEW YEARS AGO), FOR HOUSING DEVELOPEMENT OR GREAT LOCATION FOR COMMERCIAL, MANY OPTIONS

Additional Details

Nearest MSA: Crossville
County: Cumberland
Tax ID/APN: 018101 02600
Zoning: NONE
Property Visibility: Excellent
Largest Nearby Street: Peavine RD/ Exit 322 of I-40
Feet of Frontage: 772
Highway Access: Interstate 40 is 3 minutes drive
Airports: Crossville Municiple
Site Description: Mostly cleared level/gently slopping with I-40 exposure of 308ft
Lot Frontage: 772'
Lot Depth: 1821'
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Broadband
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,937 19,321
Median Age: 38.84 43.92
Households: 4,954 8,189

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