RARE 157 ACRES IN HARRIMAN CITY I-40 EASY ACCESS

Vacant Land for Sale
Catylist Listing ID: 30839186
Property Subtypes: Agricultural, Industrial, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort
Gross Land Area: 156 - 157 Acres
Sale Price: $595,000
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/8/2023

Overview / Comments

This unique property contains 157 acres of raw land located in Harriman and Roane County TN. It features a 1.2 acre mostly flat commercially zoned C-2 parcel with 240 ft of road frontage located on Hwy 27 at the I 40 interchange next to Shoneys. A 50ft non-exclusive deeded easement across the front of Shoneys parking lot provides convenient access to this property from Hwy 27 and extends across the property. Utilities are available at the street. In addition there are 156 acres of rolling mountainous forest land zoned Farm/Open Space with some gorgeous mountain views. About 33% of this area was selectively logged, so numerous skid trails are available for ready access. This property could be subdivided into residential mountain view home lots or used for hunting, ATV recreation, additional logging, hiking or a conservation area. An additional 25 ft easement from Hwy 27 through Cracker Barrels parking lot provides an additional entrance to the property. The property consists of 3 parcels: 035-039.00, 035-044.00 and 035-045.00 with the exception of approx 1.2 acres of Cracker Barrel parking lot and slope easements, which will be sold separately.

Additional Details

Nearest MSA: Knoxville
County: Roane
Tax ID/APN: 073035 03900
Zoning: APPROX 1.2 ZONED COMMERCIAL LOT AND 156 ACRES WOODED LAND
Property Located Between: HARRIMAN AND ROCKWOOD
Property Visibility: Excellent
Legal Description: See attached documents
Largest Nearby Street: Highway 27
Feet of Frontage: 240
Highway Access: I-40 and Hwy 27 are easily seen from this property.
Site Description: Approx 1.2 Acres Zoned Commercial and 156 Acres Zoned Farm With a 50 ft non-exclusive easement across the front of Shoney's parking lot.
Area Description: VERY VISIBLE FROM HIGHWAY 27 AND INTERSTATE 40
Lot Frontage: 250ft
Zoning Description: 1,2 acres commercial 156 acres farmland
Topography: Steep
Easements: Other
Easements Description: 50 FT non exclusive across the front of Shoneys parking lot. 25 FT deeded easment across the Cracker Barrel parking lot.
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: 1,672 7,415 23,313
Median Age: 44.55 43.8 44.27
Households: 726 3,201 9,697

Contact

Photograph of Listing Agent

Ginger Burnstine

Mountains to Lakes
ETNRCRE Member
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