5.39AC on Merchant Dr Knoxville TN

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30831312
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 5.39 Acres
Sale Price: $250,000
Unit Price: $46,382 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/14/2023

Overview / Comments

5.39 Acres of development potential on centrally located Merchant Drive. Near to established neighborhoods, shopping areas, churches, parks and greenways. Currently zoned Office Park, could be rezoned commercial. All utilities available at street. Back of property could be low density housing on hillside protected zone.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 080JB01801
Zoning: OP
Property Located Between: Clinton Highway and Pleasant Ridge Road
Property Visibility: Excellent
Legal Description: 080JB01801
Largest Nearby Street: Merchant Drive
Feet of Frontage: 210
Traffic/Vehicle Count: 9,155
Highway Access: From property, go east on Merchant Drive, 2 miles to I-75.
Airports: 16 miles to TYS Knoxville's McGhee Tyson Airport
Lot Frontage: 205. feet
Lot Depth: 875 feet
Zoning Description: Currently zoned Office Park. Long term sector plan shows that the front area could be commercial and the hillside in the back could be low density housing.
Topography: Other
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,816 58,859 179,242
Median Age: 37.63 33.87 34.48
Households: 4,193 25,287 75,639

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