Midtown (Harriman) - Interstate Acreage
Vacant Land
for Sale
| Catylist Listing ID: |
30651485 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
|
| Gross Land Area: |
67.65 Acres
|
| Sale Price: |
$1,950,000 |
| Unit Price: |
$28,824 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/24/2020 |
Overview / Comments
|
Great interstate-visible development opportunity in Harriman at fast-growing Midtown exit. Over 67 acres with more than 1,500 feet of interstate and off-ramp frontage at the Northeast quadrant of I-40 (49,000 ADT) and Pine Ridge Road (10,000+ ADT). Multiple conceptual plans have been designed that would make the property suitable for multiple uses including multi-family, retail, hospitality, and industrial/warehouse. Priced to sell at just $28,800 per acre.
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Roane |
| Tax ID/APN: |
073046D A 00300 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
12,986 |
23,427 |
| Median Age: |
43.65 |
43.86 |
| Households: |
5,559 |
9,786 |
|
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