Catylist ID: #29899202
Development Site at Oak Ridge Highway & Schaad Road
Vacant Land for Sale
|Catylist Listing ID:||29899202|
|Gross Land Area:||18 Acres|
|Sale Price:||See Agent|
|Sale Terms:||Cash to Seller|
Overview / Comments
18 acres of a 25 acre development at the intersection of Oak Ridge Highway and Schaad Road. The location is the only developable corner at the intersection of Oak Ridge Highway/Western Ave (TN 62) and the newly extended Schaad Road.
This development site sits high and level and will be delivered pad ready. It will have great visibility from both Schaad and Oak Ridge Highway.
Combined 2012 traffic count of 34,918 VPD during construction time frame. This count will increase when road widening is completed later this year. Great access and visibility to both throughfares. 45,759 in the trade area, with 68.9% family househoulds.
Schaad Road is a quickly developing corridor that will be a primary route linking North Knoxville and I-75 with West Knoxville, Hardin Valley and I-40. Oak Ridge Highway/Western Avenue is in the process of being widened to 4-lanes and is a major arterial connecting Downtown Knoxville and West Knoxville neighborhoods with Oak Ridge and its associated employers. Schaad Road is major arterial that is being widened to 4-lanes and extended to link I-75 and Clinton Highway (US 25N) with I-40 and Hardin Valley via Lovell Road and Middlebrook Pike.
WILL DEVELOP, SELL, LEASE OR BUILD-TO-SUIT
• Oak Ridge Hwy/Western Avenue (TN-62) - Links Oak Ridge to West Knoxville, Downtown
• Schaad/Callahan/Lovell Road (TN-131) - New 5-lane linking I-40 and I-75
• Corner site, graded to suit, all utilities in place
• High residential growth area, new schools
|Property Located Between:||Schaad Road and Oak Ridge Highway|
|Area Description:||This development site sits high and level and will be delivered pad ready. It will have great visibility from both Schaad and Oak Ridge Highway.|
|Proximity:||1 mile||3 miles||5 miles|
Brandon ClarkMaddox Property Sales KAAR CIE Member
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