71.2 Greenbelt Acres for Sale Near Norris Lake

Vacant Land for Sale
Sale Pending/Contingent
Also listed as Farm/Ranch
Catylist Listing ID: 30860183
Property Subtypes: Agricultural, Multi-Family, Residential (Single Family)
Status: Pending/Contingent
Gross Land Area: 71.20 Acres
Sale Price: $625,000
Unit Price: $8,778 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/29/2023

Overview / Comments

MULTIPLE OFFERS RECEIVED - highest and best are due Monday, November 20 at 6pm. Sellers will review offers Tuesday. Expiration date should be 11-20-2023 at 5pm.

Beautiful 71.2 acres of gently rolling hills with several meadows, three pastures (~11 acres), and significant forestation. Greenbelt designation offers property tax relief. One 50' x 20' metal shed with drive-through doors, 15'5" ceiling clearance, and electricity is in very good condition. One greenhouse needing repair. Blue mobile home conveys. Electric, water, and 2 septic systems on site. Septic approved for up to 5 homesteads, per Seller. Private setting with hill and trees between street and building areas. Gated entry with gravel drive leading to buildings. Must see to appreciate the potential!

10-minute drive to Loyston Point boat ramp on Norris Lake and 16 minutes to the Norris Dam Marina. 30-minute drive to downtown Knoxville. Buyer to verify all information.

Financials

Finance Data Year 2022
Assessed Value - Total($) $79,193 (Annual)
Real Estate Taxes - Annual($) $678.91 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Anderson
Tax ID/APN: 00100506501
Zoning: FOREST
Feet of Frontage: 733
Site Description: Forest, meadows and pastures. Andersonville is an unincorporated Anderson County town near Norris Lake and Oak Ridge. Rolling hills near the base on the Appalachian Mountains and a 30-minute drive to Knoxville.
Area Description: 75 North to Exit 122 (Hwy 122, Andersonville Hwy), 3.7 miles to Norris Park Rd/Park Lane, turn left. 1.6 miles to Mill Creek Rd. Property is 2.4 miles, on the left.
Lot Frontage: 733
Lot Depth: 2641
Topography: Hilly

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,992 9,189
Median Age: 44.92 43.71
Households: 771 3,640

Contact

Photograph of Listing Agent

Christa Rosenberg

Wallace Commercial ETNRCRE Member
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