Senior Housing Development Site

Vacant Land for Sale
Catylist Listing ID: 30351361
Property Subtypes: Multi-Family, Other
Gross Land Area: 7 Acres
Sale Price: $2,500,000
Unit Price: $357,142 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2020

Overview / Comments

Pad-ready development site zoned for senior housing right in the heart of West Knoxville. Property will be part of a larger overall development featuring 246 Class "A" multifamily units. Site is zoned for up to 180 senior housing units upon Use on Review from MPC. County taxes only.

Site work to be performed by Seller, offering significant savings to any developer. Purchase price also includes access roads off of Ebenezer & Westland.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 132 09901
Property Located Between: Westland Drive and Ebenezer
Property Visibility: Good
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,466 58,014 122,515
Median Age: 38.89 38.52 38.19
Households: 4,264 24,893 52,561


Photograph of Listing Agent

Lloyd Montgomery IV

Tailwater Properties, LLC KAAR CIE Member
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