4.69 AC Corner lot in Sweetwater

Vacant Land for Sale
Catylist Listing ID: 30363868
Property Subtypes: Mobile Home Park, Multi-Family, Residential (Single Family)
Gross Land Area: 2.12 - 4.69 Acres
Sale Price: $300,000 - 575,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 4/5/2019

Overview / Comments

Rare opportunity to obtain a corner lot on TN-68 near I-75 in Sweetwater. Currently zoned R-2, broker believes the property has potential for both commercial and residential/multifamily development.

Property is 4.69 acres and the seller will divide. This is a corner tract with great visibility, plenty of frontage, all utilities and acreage. Sewer and Water are on the property. Natural Gas is expected across TN-68 sometime in 2019.

Located just ½ mile from the I-75 exit. Area is in the path of progress with more QSR and other business needed along with housing. Latest Traffic Count: 13,390 AADT (2017, up 15% over 2016)

Approx. 685’ of TN-68 frontage and 410’ on Bilderback Rd.

Seller will consider a build-to-suit or selling parcels separately.

Additional Details

Nearest MSA: Knoxville
County: Monroe
Taxing Authority: Monroe County
Tax ID/APN: 022 051.00, 022 047.16
Zoning: R-2
Property Visibility: Excellent
Largest Nearby Street: TN-68
Feet of Frontage: 685
Traffic/Vehicle Count: 13,390
Highway Access: Tn-68
Lot Frontage: 685
Topography: Rolling
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,361 8,841
Median Age: 42.68 42.04
Households: 1,830 3,568
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