Great Development Opportunity for Multi Family Residential Units

Vacant Land for Sale
Catylist Listing ID: 30860420
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 1.03 Acres
Sale Price: $245,000
Unit Price: $237,864 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/7/2023

Overview / Comments

Great development opportunity! This property is located just off of Clinton Hwy, and is only a couple miles from major retailers such as Walmart, Kroger, Target, and many more! The parcel has been mostly cleared and rezoned to RN-2. Property is currently in the process of being approved to be subdivided into three separate lots for three duplexes.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 068JB023
Zoning: RN-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,224 61,993 169,989
Median Age: 39.44 35.71 34.7
Households: 2,255 26,127 70,439


Photograph of Listing Agent

David Edens

Keller Williams ETNRCRE Member
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