Kingston Academy

Special Purpose for Sale
Catylist Listing ID: 30475389
Property Subtypes: Health Care/Medical, School/University, Other
Building Size (RSF): 23,879 SF
Gross Land Area: 16 Acres
Sale Price: $800,000
Property Use Type: Vacant/Owner-User
Usable Size (USF): 23,879 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/10/2019

Overview / Comments

The property is a recently closed residential education facilty situated on sixteen rural acres within thirty minutes of West Knoxville, Tennessee. It includes 9,056 sf of classroom space, 7,979 sf of dormitory space, a 1,976 administration building, a 960 sf commercial kitchen, a 480 sf nurses station, a 2,646 sf barn, a swimming pool, a basketball court, and four storage buildings totaling 822 sf.

Additional Details

Nearest MSA: Knoxville
County: Roane
Taxing Authority: Roane County
Tax ID/APN: 073049 10601
Zoning: A-2 DEVELOPING AGRICULTURE DISTRICT
Property Located Between: off of Spears Road, off of Poplar Springs Road, between Rogers Ridge Road and Dug Ridge Road
Largest Nearby Street: Gallaher Road (Hwy 58)
Highway Access: The property is 7 minutes (4.5 miles) from I-40 Exit 356 in NE Roane County
Airports: McGhee Tyson Airport is 40 minutes away.
Total Number of Buildings: 12
Property Condition: Fair
Sprinklers: Wet
Zoning Description: The facility is currently a nonconforming use with entitlement in place.
Water Service: Municipal
Sewer Type: Septic
Land Ownership: The land is owned via warranty deed.
Legal Description: Book G15 Page 141

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,640 9,099
Median Age: 45 45.39
Households: 1,514 3,724

Contact

Photograph of Listing Agent

Robert E. Harrison, CCIM

Wharf Street Realty, LLC KAAR CIE Member
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