Large Development Opportunity w/ 118.5 acres

Retail-Commercial for Sale
Also listed as Farm/Ranch
Catylist Listing ID: 30806813
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Service Station/Gas Station
Building Size (RSF): 4,618 SF
Gross Land Area: 118.50 Acres
Sale Price: $3,500,000
Unit Price: $757.90 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 4,618 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2022

Overview / Comments

Commercial zoned house with acreage-

FIRST TIME EVER ON THE MARKET-LOOK AT THIS LOVELY HOME SITTING ON 118 1/2 ACRES! This ONE OWNER Basement Ranch 3 BR, 3 1/2 Bath Home sits on over 118 acres with Home Amenities to include: Sep. Living Quarters, Newer Roof, Newer HVAC, Great Room (w/Cathedral Ceiling, Original Hardwood Floors & Stone Fireplace), Formal Dining Room (W/Hardwood floors), Vintage Kitchen (w/Original Custom Cabinets), Den/Family Room, Huge Owner's Suite on Main (w/Hardwood Floors & Connecting Owner's Bathroom), 2 Guest Bedrooms on Main (w/Hardwood Floors), Guest Bathroom (w/double sinks), Utility Room on Main (w/Half Bathroom) and a Spacious Heated & Cooled Basement (W/Huge Rec. Room with Fireplace, Full Bathroom & 2nd Kitchen)! This Acreage Tract corners all 4 corners of Blockhouse/Montvale Road!

This ENTIRE property is zoned commercial, so the possibilities are endless here! This could be a great subdivision as this is One of the last great Farms available that is located close to all the city conveniences!

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: Blount County, TN
Tax ID/APN: 091 049.00
Zoning: R-1
Retail Clientele: General, Family, Tourist, Recreation
Property Located Between: Blockhouse Rd and Montvale Rd
Property Visibility: Excellent
Largest Nearby Street: Montvale Rd
Feet of Frontage: 4,300
Airports: TYS
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1963
Roof Type: Other
Construction/Siding: Wood Siding
Exterior Description: Stone and wood siding
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Other
Internet Access: Cable
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,811 13,927 36,977
Median Age: 44.43 43.09 41.94
Households: 732 5,222 14,569

Contact

Photograph of Listing Agent

Keith Paul

Realty Executive Associates
KAAR CIE Member
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