10 Acres Level Cleared w Rental Income Invest/Develop Sewer Nearby

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30136501
Property Subtypes: Agricultural, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad
Status: Pending/Contingent
Gross Land Area: 10.60 Acres
Sale Price: $574,900
Unit Price: $54,235 Per Acre
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 7/5/2022

Overview / Comments

Existing home w rental income on the property. Located on Asheville Hwy, this +/-10 acre tract with tons of road frontage is conveniently positioned approximately 2.5 miles from I-40 and John Sevier Hwy. Near Sunnyview Primary School, Ritchie Tractor Co, Knox Farmers Co-Op, Worldwide Equipment-Knoxville and other very successful area businesses.

The property is well suited for Commercial development as well as multi-family or medium to high density residential.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 072 179
Zoning: CA
Property Visibility: Excellent
Largest Nearby Street: Asheville Hwy (Hwy 11E)
Feet of Frontage: 464
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,695 15,555 38,082
Median Age: 38.97 42.75 41.64
Households: 708 6,323 15,368
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