26.38 Acres on Hwy 411 in Blount County

Vacant Land for Sale
Catylist Listing ID: 30562477
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Other
Gross Land Area: 26.38 Acres
Sale Price: $999,000
Unit Price: $37,869 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/1/2020

Overview / Comments

26.38 rolling acres with tremendous frontage (1,325') on US Hwy 411 in Maryville. The property sits 500' from the intersection of Hwy 411 and Hwy 129.

Approximately 17 acres are zoned C:Commercial. Approximately 9 acres are zoned S: Suburbanizing.

Property is about 10 minutes from downtown Maryville.

SPECIAL OWNER FINANCING:

- 20% DOWN PAYMENT
- 30 YEAR AMORITIZATION
- 5 YEAR BALLOON PAYMENT
- 6% FIXED INTEREST RATE

SUBJECT TO APPROVED CREDIT.

ADDITIONAL REQUIREMENTS ARE THAT THE BORROWER CANNOT HAVE ANY JUDGMENT OR TAX LIENS AGAINST THEM NOR CAN THEY HAVE FILED BANKRUPTCY WITHIN THE PAST 5 YEARS

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Blount
Tax ID/APN: 005078 16700
Zoning: C: COMMERCIAL & S:SUBURBANIZING
Property Visibility: Good
Largest Nearby Street: Hwy 411
Feet of Frontage: 1,325
Traffic/Vehicle Count: 26,091
Lot Frontage: 1,325
Lot Depth: 1,025
Topography: Rolling
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,804 15,532 46,579
Median Age: 44 42.87 40.55
Households: 716 6,044 18,281
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