74.5 ac of Land For Residential Development

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30333243
Property Subtypes: Agricultural, Multi-Family, Residential (Single Family)
Status: Pending/Contingent
Gross Land Area: 74.50 Acres
Sale Price: $625,000
Unit Price: $8,389 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/27/2020

Overview / Comments

Reduced!!!! 74.5.5 ac of flat to rolling, cleared pasture with speculator views of the mountains. This property is conveniently located on one of the most desired roads in Jefferson County. Close proximity to Interstate I-40 Exit 424 in Dandridge, I-81 Exit 4 in White Pine and Progressive Industrial Park in Morristown off exit 8. Great residential development potential. This property has no restrictions and accessible from two county roads. Approximately 1980' of road frontage on CH Rankin Rd Property includes 1687 sq ft ranch style house, 1 detached 2 car garage, 2 Barns, 3 Sheds, pond and well.

Additional Details

Nearest MSA: Morristown
County: Jefferson
Taxing Authority: Jefferson County
Tax ID/APN: 048 052.00;
Property Located Between: CH Rankin Rd and Parsonage Rd
Property Visibility: Excellent
Largest Nearby Street: CH Rankin Rd
Feet of Frontage: 1,980
Highway Access: Interstate 40, Interstate 81, Hwy 341 or Roy Messer Hwy, Hwy 25W
Airports: Morristown Municipal Airport
Site Description: Flat to Rolling
Area Description: Residential and Agricultural Area
Lot Frontage: 1980
Lot Depth: IRR
Zoning Description: Residential
Development Name: Gentle Breeze Farm
Topography: Level
Available Utilities: Electric, Water, Gas, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,102 17,494
Median Age: 43.19 42.09
Households: 1,992 6,792


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