34.70 Acres - I-75 Interstate Frontage! - Owner Financing Available!

Vacant Land for Sale
Catylist Listing ID: 30846079
Property Subtypes: Agricultural, Multi-Family, Office, Residential (Single Family), Self Storage
Gross Land Area: 34.70 Acres
Sale Price: $399,000
Unit Price: $11,498 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/14/2023

Overview / Comments

Great Opportunity For Aspiring Entrepreneur to Develop This Native Densely Wooded Privately Located Acreage at the End of Interstate Lane Bordering Interstate I-75 for Nearly 1/2 Mile! * Ideal Location in The Pathway of Growth With Recent Nearby Property Sales Exceeding $40,000/Acre Across the Interstate (I-75) at Sugar Limb Exit. For Custom Building Your Barn Dominium Or Dream Home! Great Site For Metal Office/Warehouse Building. Opportunity For Buyer of Property to Sun-Divide Into 2 or 3 Large Acreage Parcels! Electricity is Available at The Property. Public Water is Located at Corner of Sugar Limb Exit and Hotchkiss Ferry Road Approx. 1400 Ft Away. Offered For ONLY $11,500 Per Acre! **Owner Financing Offered To Qualified Buyers. Terms: 15-20% Down Payment, Principal Balance Amortized For 15 Years @ 6% Fixed Rate of Interest, Remaining Principal Balance Due At The End of 36-60 Months. NO Prepayment Penalty.
Call Phil Cobble, Broker, Today For Your Private Showing of This Gorgeous, Virgin Piece of Real Estate!

Additional Details

Nearest MSA: Knoxville
County: Loudon
Taxing Authority: Loudon County
Tax ID/APN: 019124.00
Property Visibility: Excellent
Legal Description: PIN #: 019124.00, Loudon County, Tennessee
Largest Nearby Street: Highway 324 Intersecting Sugar Limb Exit Crossing Over Bridge
Feet of Frontage: 2,100
Highway Access: Sugar Limb Exit Onto Highway 324, Drive East Less Than 500 Ft. Off Interstate 75 to Left Onto Interstate Lane to Property at the End of the Road.
Site Description: Level Acreage at the Front of The Property at Street to Sloping Acreage Partially Cleared and Densely Wooded for the Majority of the Acreage. Spring Fed Creek Meanders Through the Front Part of The Property
Area Description: Real Estate Investment Companies Are Purchasing Very Large Tracts of Acreage Across the Interstate ranging from $25,000 to $45,000 Per Acre. Located in The Pathway of High Growth Only 5 Miles From Lenoir City/Oak Ridge, I-75 Exit
Lot Frontage: 2500 Ft Frontage On I-75
Zoning Description: Agricultural
Topography: Undulating
Easements: Other
Easements Description: None of record
Soil Type: Mixed
Available Utilities: Electric
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,211 9,282 25,577
Median Age: 46 46.43 44.37
Households: 888 3,742 10,320


Photograph of Listing Agent

Philip E Cobble

Phil Cobble Fine Homes & Land
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