Catylist ID:
#30460677
Multifamily Development Opportunity in Jefferson City
Vacant Land
for Sale
| Catylist Listing ID: | 30460677 |
| Property Subtypes: | Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other |
| Gross Land Area: | 83.65 Acres |
| Sale Price: | $1,899,000 |
| Unit Price: | $22,701 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 12/11/2023 |
Overview / Comments
|
This 83.649 acres is a developers dream! There are endless commercial and residential possibilities with this property. Property includes: - 83.649 acres - 4,980 sq ft office facility - 22' x 53' detached 4-door garage Property has 687 feet of US Highway 11E road frontage. Property has been rezoned and has been approved for multifamily residential development. Close proximity to Carson-Newman, Shopping, Restaurants, and residential areas. KAARCIE #30735359 connects to this property, offering 47 acres and zoning is already in place for residential development. $999,000. |
Attachments & Media
Additional Details
| Nearest MSA: | Morristown |
| County: | Jefferson |
| Tax ID/APN: | 045015 07900 |
| Zoning: | R-1 |
| Property Visibility: | Excellent |
| Feet of Frontage: | 687 |
| Highway Access: | 11E |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,589 | 12,319 | 26,826 |
| Median Age: | 39.12 | 35.32 | 38.61 |
| Households: | 670 | 4,551 | 10,238 |
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