PROPOSED SUBDIVISION W/ SEWER ON HWY 321
Vacant Land
for Sale
Catylist Listing ID: |
30807326 |
Property Subtypes: |
Agricultural, Mobile Home Park, Multi-Family, Residential (Single Family), Other
|
Gross Land Area: |
27.01 Acres
|
Sale Price: |
$3,500,000 |
Unit Price: |
$129,581 Per Acre |
Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
Cap Rate: |
Undisclosed |
Last Updated: |
6/29/2022 |
Overview / Comments
This prime piece of land (OVER 27 ACRES) is ready for a subdivision or development! Convenient and ideal location with county taxes only, MOUNTAIN VIEWS from almost every proposed lot. ''Abbie's Place'' subdivision is in the process of final approval (Blount County Planning) for 86 lots WITH SEWER! Two entrances coming off of S Odell is part of the proposed plan also; this property stretches from Hwy 321 to Montvale Elementary School to S Odell Road off of William Blount Drive. See survey & additional documents on file! The acreage is mostly cleared with some wooded areas for privacy. It's also flat and gently rolling in some areas. This property could be used for multiple purposes if buyer is not interested in a subdivision or development. OVER 640 FEET OF Hwy 321 road frontage!
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Additional Details
Nearest MSA: |
Knoxville |
County: |
Blount |
Tax ID/APN: |
00505604601 |
Zoning: |
AGRICULTURAL |
Property Located Between: |
Hwy 321 and William Blount Drive |
Property Visibility: |
Excellent |
Legal Description: |
PIN: 056 046.01 |
Largest Nearby Street: |
Hwy 321 |
Feet of Frontage: |
644 |
Airports: |
McGhee Tyson |
Zoning Description: |
currently agricultural zoning; seller is in final approval for 86 lot subdivision w/ sewer & two entrances (Abbie's Place). Within correct zoning requirements for high density apartments. |
Topography: |
Gently Sloping |
Easements: |
Electric Lines, Other |
Easements Description: |
see attached survey; power lines run through section of property; 150 feet ROW (Watts Bar - Alcoa transmission line) |
Available Utilities: |
Electric, Water, Sewer, Cable |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
22,205 |
55,651 |
Median Age: |
40.03 |
40.47 |
Households: |
8,824 |
22,108 |
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