2+ Riverfront Acres on Race St

Vacant Land for Sale
Catylist Listing ID: 29738706
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1 - 2.05 Acres
Sale Price: $349,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/30/2021

Overview / Comments

2+ Acre Commercial development site on Race Street at the Clinch River. Will divide.

Zoned C-2, the tract offers an opportunity for a number of possible developments such as restaurant, retail, office, medical, self-storage, multifamily and more.

The property is well located midway between the Midtown developments and downtown Kingston, TN. The property has excellent visibility from Race street and even I-40. Traffic counts are strong at 12,000+ per day. Traffic is local traffic between Kingston, Midtown, Harriman and Rockwood, and destination traffic for shopping at Kroger/Lowe's in Midtown)

This property is pad ready. It has already been graded and all utilities are to the site.

The property is zoned C-2, Highway Commercial, which allows a wide range of uses, including all uses permitted in the O-1, Office District. C-2 uses include Retail, Finance, Insurance, Business, Professional and Personal Services, Car/Truck Repair, Hotels, Religious activities and more.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Roane
Taxing Authority: City of Kingston and Roane County
Tax ID/APN: 047I A 001.00, 047I A 001.01
Market Type: Small
Side of Street: South
Road Type: Paved, 2-Track, Highway
Property Visibility: Excellent
Largest Nearby Street: W Race St
Feet of Frontage: 376
Traffic/Vehicle Count: 12,413
Lot Frontage: 485
Topography: Level
Available Utilities: Electric, Water, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,539 12,469 23,166
Median Age: 42.89 44.54 44.43
Households: 648 5,301 9,751


Photograph of Listing Agent

Steve Goldman, CCIM

Goldman Partners Realty, LLC KAAR CIE Member
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