200+ ACRE CENTENNIAL VILLAGE IN OAK RIDGE, TN

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 29772089
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Vacation/Resort
Status: Pending
Gross Land Area: 220 Acres
Sale Price: $4,999,000
Unit Price: $22,722 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Short Sale/Bank-Owned: Yes
Last Updated: 2/11/2019

Overview / Comments

40 ACRES LEFT......$1.9M. Adjacent to River Run subdivision. Great views (see attached). CENTENNIAL BLUFFS (including villas and clubhouse) NOW UNDER CONTRACT (8/20/18). 150 ACRES UNDER CONTRACT. The Centennial Bluffs portion of the property still available (includes the clubhouse, 2 villas and approx 30 acres). $2.9M asking price.See attached flyer. Bank owned, partially constructed, 200+/- acre development surrounding Centennial Golf Course and overlooking Melton Hill Lake in Oak Ridge, TN. Formerly know as Centennial Village and Centennial Bluffs, the property is the nearest developable land in the City of Oak Ridge to Knoxville, is home to the National Laboratories and boasts one of the top school systems in the state. The property includes a beautiful 11K sf clubhouse (95% completed), a partially completed in ground pool and two finished attached villas (1343sf & 1405sf). The property has several zoning's that allow for commercial, multi-family and single home development. Great opportunity for multi-use development. Please contact agent for more details.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: Oak Ridge, Anderson County
Tax ID/APN: 001101G A 00101
Zoning: MULTIPLE
Development Name: Centennial Village/Centennial Bluff
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,475 20,060 50,908
Median Age: 47.37 43.59 40.96
Households: 1,015 8,089 21,029

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