Roane State and Patton Lane

Vacant Land for Sale
Catylist Listing ID: 29733629
Property Subtypes: Retail-Pad
Gross Land Area: 3 - 3.01 Acres
Sale Price: $600,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/11/2019

Overview / Comments

This property offers outstanding access, visibility and location. Sitting at the main through-fare coming from Roane State Highway to the flagship campus of Roane State Community College located on Patton Lane. Roane State Community College has served the region since 1969.

This parcel would be an ideal fit for a mixed use strip development, office park, or land purchase investment. Roane County is growing and changing demographically. Recent services/amenities coming on board in the last few years include: Walmart Super Center, Lowes Home Improvement, Kroger Market Place, and Volkswagen's new Southeastern Regional Distribution Center.

• Outstanding corner location
• Lot splits entertained-$200,000 per acre or $600,000 for the entirety
• Year round traffic
• Multi-use potential
• Level to slightly rolling

Additional Details

Nearest MSA: Knoxville
County: Roane
Tax ID/APN: 056013.00
Market Type: Small
Property Located Between: Dodson Subdivision Road & Roane State Highway
Side of Street: Northeast
Road Type: Highway
Largest Nearby Street: Roane St Highway
Feet of Frontage: 480
Traffic/Vehicle Count: 8,553
Highway Access: I-40 6 miles
Airports: McGhee Tyson 45 minutes
Area Description: Prime corner location at the intersection of Roane State Highway and Patton Lane. Roane St. Community College adjacent. Mostly Level. Great visibility and access.
Lot Frontage: 480
Lot Depth: 365
Development Name: Roane St and Patton Lane
Soil Type: Mixed

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,246 17,676
Median Age: 46.1 44.91
Households: 2,544 7,333


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