Downtown Crossville Development Opportunity
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
30833641 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
|
| Status: |
Pending |
| Gross Land Area: |
2.60 Acres
|
| Sale Price: |
$195,000 |
| Unit Price: |
$75,000 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/21/2023 |
Overview / Comments
|
Downtown Crossville development opportunity located within walking distance from Main Street and less than 2 miles from the new Buc-ee's at Exit 320 on I-40. This property is within the city limits of Crossville and suitable for a variety of uses. It is right around the corner from downtown amenities and surrounded by a mix of commercial businesses and residential housing. Sewer, water, electricity, and gas are available along Genesis Road. A great opportunity for developers or investors looking to stay ahead of Tennessee's growing real estate trends. Buyer is responsible for planning commission approvals, verification of utilities, and zoning requirements.
|
Additional Details
| Nearest MSA: |
Crossville |
| County: |
Cumberland |
| Taxing Authority: |
Cumberland County and Crossville City |
| Tax ID/APN: |
018100K B 01000 |
| Property Located Between: |
North Main Street and I-40 |
| Feet of Frontage: |
350 |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,521 |
14,572 |
23,790 |
| Median Age: |
37.57 |
40.26 |
44 |
| Households: |
1,456 |
5,997 |
9,968 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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