Multiple Use Possibility | 11.89 Acres

Vacant Land for Sale
Catylist Listing ID: 30630453
Property Subtypes: Multi-Family, Residential (Single Family), Retail, Self Storage, Other
Gross Land Area: 11.89 Acres
Sale Price: $390,000
Unit Price: $32,800 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/29/2020

Overview / Comments

11.89 Acres +/- situated on Highway 411, just east of Downtown
Madisonville and offering 16,000 cars per day exposure. The
property sits both within Madisonville city limits, offering C-3
Zoning on the frontage, with the rear portion being within Monroe
County, which has no zoning regulations other than site approval.

The property would be ideally suited for multiple commercial uses,
residential, multi-family development or a large estate tract
(possibly would require rezoning) .

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Monroe
Taxing Authority: Monroe County/City of Madisonville
Tax ID/APN: 062057 09101
Property Located Between: Madisonville and Vonore
Property Visibility: Excellent
Largest Nearby Street: Hwy 411
Feet of Frontage: 650
Traffic/Vehicle Count: 16,000
Site Description: A contiguous tract offering 650 ft +/- of Highway 411 frontage at the gateway of Madisonville, Tn. Split zoning, with frontage being within the City of Madisonville and the rear portion falling within Monroe County.
Lot Frontage: 650
Lot Depth: 792
Zoning Description: Split zoning, with frontage being within the City of Madisonville (C-3) and the rear portion falling within Monroe County.
Topography: Rolling

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,727 6,340 16,446
Median Age: 36.17 39.35 40.66
Households: 642 2,500 6,567

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