OVER 190 ACRES ON NEW HWY 68

Vacant Land for Sale
Also listed as Industrial, Multi-Family
Catylist Listing ID: 29971278
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad
Gross Land Area: 193 Acres
Sale Price: $1,099,000
Unit Price: $5,694 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/17/2018

Overview / Comments

Approximately 193 acres less than 1 mile from the Madisonville-411 Intersection. 53+/- acres on one side with old farmhouse built around 1900 in need of total rehab or demo. Several outbuildings, 2 ponds, about 1/3 of tract is cleared. 140+/- acres on one side, slightly sloped from back to road, mostly wooded. There are 3 large areas for hay, crop growth. Zoned Agriculture on both sides, there are several different possible uses including commercial, residential, farm and agriculture. Water and sewer at road, priced below 2-3 year old appraisal.

All measurements for illustration purposes only, all to be verified by buyer.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $1,265 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Monroe
Tax ID/APN: 067 032.00
Zoning: NA
Site Description: A few old structures are on the property.
Area Description: Take US Hwy 411 S to New Hwy 68, then west one mile.
Topography: Rolling

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,081 15,243
Median Age: 39.33 40.42
Households: 2,434 5,978
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