Commercial Land, 4.28 Acres, CH2 Zoning

Vacant Land for Sale
Catylist Listing ID: 30830035
Property Subtypes: Agricultural, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 188,614 SF
Sale Price: $679,900
Unit Price: $3.60 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/11/2023

Overview / Comments

Rare Opportunity to own Over 4.2 Acres on Rapidly Developing and Expending Callahan Drive! This Property offers Great Visibility in Prime Commercial Zone with Easy Access to Hwy I-75, I-40, I-640 and I-275. High Trafficked area with 30000 vehicles per day bringing Multiple New Businesses like Asia Cafe, Grand Buffet, Volunteer Auto Group right across the street and more.. This Mixed-use Development opportunity allows for Retail, Wholesaling, Warehousing, Automotive, Truck Sales and Services, Insurance and Real Estate Offices, Restaurants, Food Stores, Veterinary Offices, Possible Multi-Family and other specialized uses. Full of Potential, Come Take a Look!

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 068 025
Zoning: CH2
Property Visibility: Good
Legal Description: 1342 Callahan Drive Knoxville TN 37912 Tax ID 068 025
Largest Nearby Street: Clinton Hwy
Feet of Frontage: 148
Traffic/Vehicle Count: 30,000
Highway Access: I-75 exit 10
Airports: Mcghee Tyson
Site Description: Gently sloping land, wooded
Lot Frontage: 148
Lot Depth: 773
Zoning Description: CH2, The C-h Highway Commercial Zoning District is intended to accommodate a higher-intensity commercial uses of a predominately auto-oriental character including retail, rental and service establishments a of a more intense commercial character including those requiring permanent outdoor service or storage areas the CH district regulate upon are intended to insure the mitigation of any potential related to such establishments of neighboring uses. the C-H District is divided into two levels of intensity related to the overall formant design of the development however uses are the same across all levels.
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,178 56,289 151,359
Median Age: 37.85 36.28 34.79
Households: 2,102 23,709 61,561

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