Commercial Retail Opportunity

Vacant Land for Sale
Catylist Listing ID: 30841900
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 6.32 Acres
Sale Price: $1,200,000 - 12,000,000
Unit Price: $189,873 - 1,898,734 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/4/2023

Overview / Comments

Here is a rare Opportunity to own Over 6.32 Acres on Rapidly Developing and Expending Tellico Plaines. This Property offers Great Visibility to the entrance of the Cherohala Skyway and also is in Prime Commercial Zone with Easy Access to Hwy 68. This property is High Trafficked area with 10,000 vehicles per day. This Mixed-use Development opportunity allows for many types of commercial uses such as Retail, Wholesaling, Warehousing, Automotive, Multi-Family. This property has been cleared and is ready for use.

Additional Details

Nearest MSA: Knoxville
County: Monroe
Tax ID/APN: 06213604100
Property Located Between: Hwy 68 and Mecca Pike
Property Visibility: Excellent
Largest Nearby Street: Hwy 68 Tellico Plaines
Feet of Frontage: 1,208
Lot Frontage: 1028
Lot Depth: 1077
Zoning Description: Commercial
Topography: Level
Easements: Other
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,252 3,926
Median Age: 40.98 40.71
Households: 915 1,555

Contact

Photograph of Listing Agent

Mike Howell, GRI, e-Pro, ABR, MRP, C2EX, PSA, CRB, SRES

Keller Williams KAAR CIE Member
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