Magnet Mills

Vacant Land for Sale
Catylist Listing ID: 30398942
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 7 Acres
Sale Price: $2,400,000
Unit Price: $342,857 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 4/11/2019

Overview / Comments

This is the heart of the Gianni Lonzo downtown redevelopment study.
7 Acres by old survey 1,400 feet frontage on Clinch River. Anchored by CVS Pharmacy
Sell, Lease, Build to suit or any combo.
Includes 20,000 sq.ft Metal Building. All else cleared.
1,200 ft frontage on Charles G. Seivers, Hwy 61

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: Clinton, TN
Tax ID/APN: 074J B 028.00
Zoning: HIGHWAY COMMERCIAL
Market Type: Medium
Property Located Between: East Broad and Church Street
Side of Street: East
Road Type: Highway
Property Visibility: Excellent
Legal Description: 074J B 028.00 in Anderson County
Largest Nearby Street: US 25W, TN 61
Feet of Frontage: 1,200
Traffic/Vehicle Count: 19,000
Transportation: Highway, Taxi, Water/Ferry, Other
Highway Access: Fronts Hwy 61 Charles Seivers Blvd.
Site Description: Riverfront-Main highway front. Site generally leveling.
Area Description: Downtown Clinton. Tennessee
Lot Frontage: 1,200
Lot Depth: 260
Zoning Description: Currently Highway commercial
Development Name: Magnet Mills
Topography: Gently Sloping
Easements: Electric Lines, Utilities
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,002 16,267 33,553
Median Age: 42.78 42.44 42.42
Households: 1,460 6,840 13,663
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