Vacant Land for Commercial Development

Vacant Land for Sale
Also listed as Shopping Center, Office
Catylist Listing ID: 30829556
Property Subtypes: Agricultural, Hospitality, Office, Retail
Gross Land Area: 1.65 Acres
Sale Price: $375,000
Unit Price: $227,272 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/26/2023

Overview / Comments

Property is in Blount County, with 262 feet fronting on East Broadway and currently zoned Suburbanizing. Uses include single family, manufactured housing, duplex, group homes, multifamily units, bed and breakfast, assisted living, retirement homes, day care facilities, churches, golf driving ranges, indoor shooting range, campgrounds, RV parks and many small commercial enterprises including auto repair, various construction trades and services and personal care, Annexation and rezoning could expand commercial uses to include convenience stores, gasoline stations, professional offices, banks, grocery and drug stores, and markets, etc. Site is level and has all utilities available. Convenient to Pellissippi Place, Clayton Homes, Food City and next door to Alcoa Tenn Credit union with a traffic count of 18,000 per day.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $831.77 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Blount
Tax ID/APN: 079 02801
Zoning: S
Feet of Frontage: 262
Site Description: Level
Area Description: I-140 Pellissippi Parkway toward Maryville/Alcoa to end - right onto East Broadway - one half mile to just past 3rd traffic light. Property on left w/Coldwell Banker sign in front.
Lot Frontage: 262
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,605 29,342 62,755
Median Age: 37.81 39.94 39.74
Households: 2,370 12,072 25,721
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