Level Cleared Land Near Roane Medical Center

Vacant Land for Sale
Catylist Listing ID: 30837053
Property Subtypes: Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 4.09 Acres
Sale Price: $800,000
Unit Price: $195,599 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2023

Overview / Comments

Cleared acreage within walking distance to Roane Medical Center and the other conveniences of the Midtown area in Harriman Tennessee. This tract lays level and is situated on the corner of Sycamore Drive and Highway 70. Road frontage on two sides provide easy access, giving the property a combined total of over 900' of frontage. TDOT data from 2021 indicates this property has a traffic count of over 11,000 vehicles per day, making this parcel a prime location for restaurants and other service based businesses. The close proximity to the medical center also makes this a desirable property for residential development. This tract is perfect for building short and long term residences for hospital staff and service industry professionals. Call listing broker for more information.

Additional Details

Nearest MSA: Knoxville
County: Roane
Taxing Authority: Roane County
Tax ID/APN: 073046K A 00700
Zoning: C-2
Property Located Between: Roane State Highway 70 and Sycamore Drive
Property Visibility: Excellent
Largest Nearby Street: Roane State Highway 70
Highway Access: Interstate 40 - 4,300' to exit ramp
Airports: Rockwood Municipal Airport - 12 miles, Monroe County Public Airport - 36 miles, McGhee Tyson Airport - 39 miles
Site Description: Land lays mostly level, with a gentle grade that falls toward Sycamore Drive and drains well. Land is currently pasture and has been bush-hogged on a regular basis. Superb visibility and access for traffic flowing south-west on Highway 70.
Area Description: The Midtown area of Harriman is one of the fasting growing areas of Roane County and has a variety restaurants, convenience stores and other small businesses. There is also a Kroger, Lowes, and Farmers Co-Op in the immediate area around the property.
Lot Frontage: 956'
Lot Depth: 674'
Zoning Description: C-2 Highway Commercial District Permitted uses include but are not limited to: Office, Retail, Parking, Financing, Transport, Places of Worship, Automobile service & sales, Restaurant, Hospitality, Warehouse & Distribution.
Topography: Level
Easements Description: None
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,483 9,538 21,873
Median Age: 43.54 44.06 44.82
Households: 612 4,091 9,149

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