Developer's Dream

Vacant Land for Sale
Also listed as Office
Catylist Listing ID: 30741923
Property Subtypes: Office
Gross Land Area: 1.90 Acres
Sale Price: $425,000
Unit Price: $223,684 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/29/2021

Overview / Comments

Developer's dream! Prime commercial frontage at traffic light and directly across the street from the new Neighborhood Walmart Market on Western Ave/McKamey intersection. Combine this vacant parcel with the recently available retail property adjacent to it for expanded development possibilities. Zoned C-H-2. Western Ave frontage: 361 feet. Average daily traffic count near 20,000.

Financials

Finance Data Year 2019
Assessed Value - Total($) $246,400 (Annual)
Real Estate Taxes - Annual($) $4,517 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 093AB045
Zoning: C-H-2
Feet of Frontage: 361
Site Description: Tree-lined vacant lot with 361 feet of frontage. Gently sloping.
Area Description: Highway commercial corridor with recently completed road expansion and new retail buildings.
Lot Frontage: 361
Lot Depth: 255
Topography: Gently Sloping
Easements: Environmental
Easements Description: Drainage and slope easement

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,802 74,244 173,114
Median Age: 35.56 34.68 34.71
Households: 3,699 32,679 72,950

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