Recently Reduced! 46 Finished Lots in Halls

Vacant Land for Sale
Catylist Listing ID: 30223580
Property Subtypes: Residential (Single Family)
Gross Land Area: 17 Acres
Sale Price: $2,400,000
Unit Price: $141,176 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/13/2018

Overview / Comments

The 46 finished lots within the Cantrell Heights Subdivision provide an excellent opportunity for a home builder or developer looking for ready-to-build lots. The lots range in size from under half an acre to more than one acre with an average lot size of 95' x 110'. In the past year, five homes have sold within the subdivision in the $285,000 to $332,000 range.

1,750 - 1 and 1.5 Story Minimum Square Footage
2,100 - 2 and 2.5 Story Minimum Square Footage

Adjacent 26 undeveloped Phase 2 acres (zoned PR) are also available for sale. A concept plan for 65 lots is included with the rear 26 acres.

Additional Details

Nearest MSA: Knoxville
County: Knox
Zoning: PR
Area Description: The property is conveniently located just ┬▒ 2 miles from Norris Freeway to the Southwest and Maynardville Pike to the Southeast.
Development Name: Cantrell Heights Subdivision
Available Utilities: Electric, Water, Gas, Sewer, Cable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,223 23,229 55,642
Median Age: 39.47 40.91 39.46
Households: 1,588 8,900 21,503


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