Prime 1.37acre property on Louisville Loop!

Retail-Commercial for Sale
Catylist Listing ID: 30822643
Property Subtypes: Mixed Use
Building Size (RSF): 1,568 SF
Gross Building Area: See Agent
Sale Price: $775,900
Unit Price: $494.83 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/11/2022

Overview / Comments

Exceptional opportunity to own 1.37 acres with a home in the rapidly growing Maryville Market on Louisville Loop. Property is zoned Residential Industrial with potential to rezone commercial. Minutes to McGee Tyson Airport, hotels, shopping plazas, and down the road from Smith & Wesson's new plant! Prime location for your new business venture with endless possibilities. Area surrounding property is zoned for a mixture of commercial, industrial or residential use. Property is a perfect location for a profit generating business such as service station/gas station, restaurant/fast-food, multi-family unit and more! Located within county limits with only county taxes. Home built in 2021 features 3 bedrooms, 2 full bathrooms and a bonus room on permanent foundation. Home has potential to be resold and relocated or kept on property with other dwellings added to generate income. Motivated Sellers, all offers will be entertained, residential or commercial.

Additional Details

Nearest MSA: Knoxville
County: Blount
Tax ID/APN: 00503503800
Zoning: RESIDENTIAL INDUSTRIAL
Retail Clientele: General, Business
Property Located Between: Louisville Rd and Proffit Springs Rd
Property Visibility: Excellent
Largest Nearby Street: Louisville Rd
Feet of Frontage: 425
Highway Access: Alcoa Hwy
Airports: McGee Tyson
Site Description: Level 1.37 acres of land with over 400 ft of road frontage
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,568 SF
Property Condition: Excellent
Year Built: 2021
Construction/Siding: Modular, Vinyl Siding
Heat Source: Central
Zoning Description: Residential Industrial with potential to rezone commercial
Lot Frontage: 425
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,643 64,730
Median Age: 40.84 38.71
Households: 7,506 26,071

Contact

Photograph of Listing Agent

David Drozhzhin

Muller Realty KAAR CIE Member
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