Apartment Development Site

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30660895
Property Subtypes: Multi-Family
Gross Land Area: 5.46 Acres
Sale Price: $1,100,000
Unit Price: $201,465 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2022

Overview / Comments


Zoned Multifamily - 96 Units
Ready to build, need set of plans
Opportunity Zone
Dog Park
Storm Water is Master Planned and Off Site
3-Phase Power buried electric
All Utilities at Property Line including " Gravity Sanitary"
Hi Speed Fiber Available
Trash Collection Location

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Loudon
Taxing Authority: Loudon City and Loudon County
Tax ID/APN: 053048 04103
Property Visibility: Excellent
Zoning Description: Zoned for Apartments
Topography: Level
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer, Cable, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,534 15,227
Median Age: 40.9 42.79
Households: 3,677 5,929


Photograph of Listing Agent

James Rick Gentry

Apartment Broker, LLC KAAR CIE Member
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