Morristown Commercial/Industrial Acreage

Vacant Land for Sale
Catylist Listing ID: 30808873
Property Subtypes: Hospitality, Industrial, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 20.50 Acres
Sale Price: $1,414,500
Unit Price: $69,000 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2023

Overview / Comments

Industrial development opportunity within Morristown City limits. This 20.5 +/- acre tract is bordered on three sides by the Morristown Airport Industrial District. The property has approximately 942' of frontage on West Andrew Jackson Hwy as well as approximately 391' of frontage on Superior Dr. The current zoning through the city is Heavy-Industrial. The topography is flat to gently rolling. Power, water, and sewer should be accessible to the property. The current home and buildings on the property are being sold "as is". Buyer/Buyers agent to confirm utilities and zoning.

Additional Details

Nearest MSA: Morristown
County: Hamblen
Taxing Authority: Morristown
Tax ID/APN: 03204707400
Zoning: HEAVY INDUSTRIAL
Feet of Frontage: 942
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,575 12,673 31,489
Median Age: 42.05 42.04 40.2
Households: 1,019 5,003 12,251

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