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 |
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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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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