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!

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

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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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