Up to 70 Slab-on-Grade Finished Residential Lots

Vacant Land for Sale
Catylist Listing ID: 30562573
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 13.18 Acres
Sale Price: $1,215,000
Unit Price: $92,185 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/25/2020

Overview / Comments

The subject offering features 32 slab-on-grade, platted, single family detached lots with access to municipal utilities, including sewer. The future subdivision is located just across the Knox County line in Blaine, Tennessee and conveniently located behind a newly constructed Food City, Dollar General, O'Reilly's Auto Parts, and New South Credit Union. The property is an approximately 20 minute drive from downtown Knoxville. Please note the owner is open to re-subdividing the parcel to allow for smaller lots, approximately 51' x 110' in size (or smaller depending on the product), which would increase the total number of lots to 70. The current lots are 75' x 110', on average.

- Utilities Onsite
- Slab-on-Grade
- No Restrictions
- Helpful Local Planning Commission
- Multiple Points of Ingress and Egress
- Several New National Retailers Nearby
- Great Starter Home Development Site

Additional Details

Nearest MSA: Morristown
County: Grainger
Tax ID/APN: 029098 10700
Zoning: COMMERCIAL/RESIDENTIAL
Property Visibility: Excellent
Largest Nearby Street: Rutledge Pike
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,022 8,504 16,967
Median Age: 40.1 42.16 40.48
Households: 794 3,380 6,587

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