Build Now Or Land Bank At This Price!

Vacant Land for Sale
Catylist Listing ID: 30624123
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 2 Acres
Sale Price: $225,000
Unit Price: $112,500 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/29/2020

Overview / Comments

This level 2 acre corner has great road traffic of approx 46,000 vehicles per day and offers many business opportunities to build. See the attached zoning business uses doc. Property currently has an older home and manufactured home sold as is on the property. Homes could be updated and rented out for income if you want to land bank this property and build later. Located on the corner of Oak Ridge Hwy and Guinn Rd. Currently low county taxes of only $719 per year.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 089BB014
Zoning: CA GENERAL BUSINESS ZONE
Property Located Between: Hardin Valley & Oakridge
Property Visibility: Excellent
Legal Description: Property Tax ID# 0879BB014 8927 Oak Ridge Hwy Parcel 14
Largest Nearby Street: Guinn Rd
Feet of Frontage: 236
Traffic/Vehicle Count: 46,000
Highway Access: This property is located right on Oak Ridge Hwy aka Pellissippi Pkwy just 8 minutes North of Interstate 40.
Airports: Tyson McGhee Inernational Airport (TYS)
Lot Frontage: 236
Lot Depth: 347
Zoning Description: Motor vehicles and bicycle service and repair shops, skating rinks, dance halls and establishments selling beer for consumption on the premises. service stations, restaurants, cafes and lunch rooms, grocery, clothing or shoe stores, and other retail business or commercial enterprise,Offices, banks, theaters,photograph galleries, barber shops, police and fire stations. See attached zoning uses doc.
Topography: Level
Easements: Utilities
Easements Description: Typical Utility easements
Soil Type: Rock
Available Utilities: Electric, Water, Internet Access
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,307 57,465
Median Age: 41.03 41.06
Households: 5,958 23,576

Contact

Photograph of Listing Agent

Hope Cudd

RE/MAX FIRST KAAR CIE Member
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