C-2 Development Land with Car Wash & Self-Storage

Vacant Land for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30802054
Property Subtypes: Retail
Gross Land Area: 1.52 Acres
Sale Price: $350,000
Unit Price: $230,263 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2022

Overview / Comments

Jellico land and buildings for redevelopment 400 yards from I-75 Exit #160. Zoned C-2 Hwy Business District, the 1.52- acre parcel has a 3-bay car wash, 10-unit concrete block self-storage building and a 12 X 50 mobile home serving as office. This property could serve as development opportunity for retail or other commercial use such as self-storage expansion with RV/Camper/Vehicle parking. All public utilities at property.

The property lies about 100 feet from Jellico's main highway (25W/5th St) and has good visibility. Additionally, the property has 324 feet of frontage on Carroll St and 211 feet of frontage on N Queener Ave. The owner claims 3-phase power is available at property.

Acreage and square footage per public record, needs verification.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $953 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Campbell
Tax ID/APN: 007004K A 02700
Zoning: C-2
Site Description: Gently sloping
Area Description: I-75 Exit #160 Jellico, west 400 yards on Hwy 25W/5th Street. Right onto N Queener Ave, immediate left on Carroll St. The property sits at the "Y" of N Queener Ave and Carroll St.
Topography: Gently Sloping

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,340 4,287 6,537
Median Age: 42.71 42.14 40.55
Households: 641 1,778 2,619
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