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
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Gross Land Area: |
67.65 Acres
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Sale Price: |
$1,950,000 |
Unit Price: |
$28,824 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
2/15/2021 |
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.
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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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