G. T. Ballenger, Jr.

Vacant Land for Sale
Catylist Listing ID: 30825135
Property Subtypes: Multi-Family, Residential (Single Family), Other
Gross Land Area: 6.95 Acres
Sale Price: $199,500
Unit Price: $28,705 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2022

Overview / Comments

Property is located adjacent to the western right-of-way of I-75 between W. Inskip Dr. and Merchants Dr. Access is off of W. Inskip Dr. The parcel is below grade from Inskip Dr. It is generally level with I-75. Property is located in a FEMA flood hazard area. Second Creek extends through the rear.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knoxville and Knox County
Tax ID/APN: 068LB001
Zoning: RN-5 AND FLOOD ZONE
Property Located Between: Inskip Rd. and Merchants Dr.
Property Visibility: Good
Legal Description: Instrument No. 201703270058731
Largest Nearby Street: I-75
Feet of Frontage: 310
Highway Access: Property adjoins the western right-of-way of I-75. Access is via the I-75/Merchants Dr. interchange. Right on Merchants Dr. Right on Central Avenue Pk. and then right on W. Inskip Dr. Cross over the interstate and the property is on the right.
Airports: Knoxville Municipal Airport
Site Description: 6.95 +- acres adjacent to the western right-of-way of I-75 {1,300' +-}. Access is off of W. Inskip Dr.. Terrain is generally level with I-75, but below grade from Inskip Dr. Ground cover is predominantly scrub growth and small trees. It is located in a FEMA flood hazard area. Second Creek extends through a portion of the property. .
Area Description: Inskip area. Includes predominantly commercial and additional non-residential uses bordering the interstate right-of-way and along Merchants Dr./Cedar Ln. Surrounded by generally older residential areas.
Lot Frontage: 310
Lot Depth: 296.5' to 310.3'
Zoning Description: R-N5 General residential neighborhood zoning district. Single family, two family, townhouse and multi-family dwellings permitted. A limited number of non-residential uses that are compatible with the district may also be permitted.
In Flood Plain?: Yes
Topography: Rolling
Easements: Utilities
Easements Description: 15' wide utility easement for KUB along interstate border fence.
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,332 72,099 183,539
Median Age: 35.64 35.7 35.08
Households: 3,514 31,610 77,013

Contact

Photograph of Listing Agent

G. T. Ballenger

G. T. Ballenger, Realtors
KAAR CIE Member
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