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

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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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