84 +/- Acres on New Hwy 68, Monroe County, TN

Vacant Land for Sale
Also listed as Farm/Ranch
Catylist Listing ID: 30778754
Property Subtypes: Multi-Family, Residential (Single Family), Retail
Gross Land Area: 84 Acres
Sale Price: $8,500 Per Acre
Total Price: $714,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/26/2022

Overview / Comments

84 +/- acres of rolling partially cleared land on New Highway 68 outside of Madisonville, TN. No survey. Acreage is taken from tax records. New survey will provide final acreage. TVA easement through part of property. 32 +/- acres wooded with 2 cleared fields, other wooded sections. Property within a mile of Hwy 411, estimated over 2,000 linear feet of road frontage. The property is located in Monroe County which does not have designated zoning, uses here would be vast: Single Family, Multi-family, Retail, Industrial, Farm, etc. Sitting in Greenbelt Status. The property is Estate owned and will require court approval of sale & final Survey. Final Survey will also need approval from Planning Dept. 43+/- acres across Hwy 68 available. $8,500 per acre. Property sold by acre only.

All information within is considered reliable but not guaranteed. Prospective buyers will be responsible for their own Due Diligence.

Attachments & Media

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $1,355 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Monroe
Tax ID/APN: 06206703200
Zoning: NZ
Site Description: Rolling
Area Description: 411 South from Maryville, take Madisonville, Hwy 68 ramp, right toward Sweetwater, property on left where powerlines cross the road.
Topography: Rolling
Easements: Electric Lines

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,081 15,243
Median Age: 39.33 40.42
Households: 2,434 5,978

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