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!
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Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Loudon |
| Taxing Authority: |
Loudon County |
| Tax ID/APN: |
019124.00 |
| Zoning: |
AGRICULTURAL |
| 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 |
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 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither East Tennessee Realtors nor
Moody's assume any liability for errors or omissions.
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