REDUCED TO SELL Development Opportunity Off I-40 in Roane County

Vacant Land for Sale
Catylist Listing ID: 30362741
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 2.99 Acres
Sale Price: $1,499,999
Unit Price: $501,671 Per Acre
In Opportunity Zone? Yes
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/18/2022

Overview / Comments

REDUCED TO SELL. Prime location just off of I-40 at the Midtown/Harriman Exit 350. Zoned C-2 with excellent visibility and road frontage on US Hwy 70. Shared access with Walgreen's at signalized intersection.

Regional draws include: Kroger, Lowe's, Weigel's, Regions Bank, Zaxby's, Bojangles, Dunkin Donuts, Starbucks, Subway, etc.

Additional Details

Nearest MSA: Knoxville
County: Roane
Taxing Authority: Roane
Tax ID/APN: 046E B 002.00
Zoning: C-2
Property Visibility: Excellent
Largest Nearby Street: US Hwy 70 and Interstate 40
Feet of Frontage: 282
Highway Access: US Hwy 70 and I-40
Area Description: Growing area with new development and growing population.
Lot Frontage: 282
Lot Depth: irregular
Zoning Description: C-2; commercial retail
Topography: Level
Easements: Ingress/Egress
Easements Description: Shared access to signalized intersection at Pine Ridge Rd and shared access to US Hwy 70
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,986 21,705
Median Age: 43.65 43.9
Households: 5,559 9,133

Contact

Photograph of Listing Agent

Chandle Turbyville

Holrob KAAR CIE Member
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