Laurel Branch Park

Vacant Land for Sale
Catylist Listing ID: 30316452
Property Subtypes: Hospitality, Industrial, Office, Retail, Retail-Pad, Other
Gross Land Area: 2 - 34.20 Acres
Sale Price: $125,000 - 300,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/19/2018

Overview / Comments

The offering is a planned commercial and business providing direct access to West Lamar Alexander Parkway (Highway 321). Robert C. Jackson Road is currently being extended through Laurel Branch and will connect with Morganton Road. The extension will provide additional opportunities for residents of Blount County to get to work and shopping.

Laurel Branch is a planned development offering lots that are well suited for hotels, restaurants, retail and other commercial uses on West Lamar Alexander Parkway and office and light industrial behind the retail/commercial lots. Can divide to suit for lots ranging from +/- 2 - 34 acres.

The park is located across the street from the Blount County Industrial Park which is home to the largest private manufacturing employer in the region, Denso. Denso recently announced plans to invest $1 billion dollars in the facility and hire an additional 1,000 employees. This investment will require more workforce employees to move to the area.

Additional Details

Nearest MSA: Knoxville
County: Blount
Tax ID/APN: 056 071.00
Property Located Between: Hwy 321 and Morganton Road
Property Visibility: Excellent
Largest Nearby Street: Hwy 321
Traffic/Vehicle Count: 29,051
Highway Access: Direct
Airports: Less than 10 minutes to McGhee Tyson Airport
Part of Planned Development?: Yes
Development Name: Laurel Branch Park
Topography: Rolling
Easements: Electric Lines, Ingress/Egress, Utilities, Other
Available Utilities: Electric, Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,064 32,131 67,496
Median Age: 32.66 38.75 40.33
Households: 2,086 12,779 27,073

Contact

Photograph of Listing Agent

Brian H. Tapp, CCIM

Avison Young KAAR CIE Member
Photograph of Listing Agent

John M Adams III, CCIM SIOR

Avison Young KAAR CIE Member
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