8.14 Acres with 8,400 SF Garage Building

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30572549
Property Subtypes: Vehicle Related
Building Size (RSF): 10,560 SF
Gross Building Area: See Agent
Gross Land Area: 8.14 Acres
Sale Price: $775,000
Unit Price: $73.39 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2020

Overview / Comments

8.14 acres on W Andrew Johnson Hwy in Talbott with 8,400 SF garage and loft barn with 2,160 SF footprint per public record. This property has been home to the decades old Tooley's Automatic Transmission Service. The seller recently had a survey completed and subdivided a portion of relative's adjoining property. The result is 8.14 acres available for purchase. With IB Zoning (Intermediate Business), the property could have many uses.

Neighbors include Inteplast Films Corporation, Distribution Logistics, Moore-Murrell Airport and Millstone Golf Club.

Square footage per public record; acreage per recent survey dated January 24, 2020.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $6,352 (Annual)

Additional Details

Nearest MSA: Morristown
County: Hamblen
Tax ID/APN: 032047 10800 / 032047 109.02
Zoning: IB
Feet of Frontage: 150
Site Description: Gently sloping
Area Description: Approximately 2.4 miles from Jefferson/Hamblen County line on W Andrew Johnson Hwy. The property is on the right as you approach Morristown.
Total Number of Buildings: 2
Property Condition: Good
Year Built: 2001
Lot Frontage: 150

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,470 14,712 31,120
Median Age: 41.37 41.58 41.21
Households: 1,754 5,754 12,191
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