I 40 Exit Offramp Parcel 4.5 Acres Exit 402
Vacant Land
for Sale
| Catylist Listing ID: |
30598396 |
| Property Subtypes: |
Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
|
| Gross Land Area: |
4.52 Acres
|
| Sale Price: |
$250,000 |
| Unit Price: |
$55,309 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/2/2020 |
Overview / Comments
4.52 Acres Located right at the 402 Exit Ramp. This is located on the south side of I 40 at Midway Road. There have been major infrastructure improvements to the area as Knox County prepares for its large industrial development along Thorngrove Pike. Take advantage of this growing submarket and one of the only remaining undeveloped Exits in Knox County. Note this property is contiguous to the neighboring properties that are also being offered for sale for the first time ever!
Assemblage totals almost 70 acres of fee simple land along I 40.
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Taxing Authority: |
Knox County |
| Tax ID/APN: |
086 126 |
| Zoning: |
AGRICULTURAL COULD BE REZONED |
| Largest Nearby Street: |
Midway Road & I-40 |
| Feet of Frontage: |
309 |
| Highway Access: |
Immediately at I-40. |
| Airports: |
McGhee Tyson |
| Site Description: |
Level to rolling site located along the Southwest Ramp of Exit 402 at Midway Road.
Property is situated slightly below grade at Midway Road then rolls up from there. Elevated along I 40. |
| Area Description: |
Situated at Exit 402 between Strawberry Plains and Exit 407. Knoxville's last undeveloped Interstate Exchange. Midway Road. Property is only 5 miles from Exity 407 Bass Pro Retailers, Knoxville Smoky's and other highly trafficked attractions. |
| Lot Frontage: |
309 |
| Lot Depth: |
587 |
| Zoning Description: |
Currently zoned agriculture but could be rezoned to a variety of commercial designations. |
| Topography: |
Rolling |
| Soil Type: |
Mixed |
| Available Utilities: |
Electric, Water |
| Sewer Type: |
None |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
7,529 |
22,880 |
| Median Age: |
39.9 |
39.92 |
| Households: |
2,922 |
8,713 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
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