Catylist ID:
#30843148
Hardin Valley Development-ready 59-unit BFR Site
Vacant Land
for Sale
| Catylist Listing ID: | 30843148 |
| Property Subtypes: | Residential (Single Family) |
| Gross Land Area: | 24.77 Acres |
| Sale Price: | $3,245,000 |
| Unit Price: | $131,005 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 11/29/2023 |
Overview / Comments
|
SVN | Wood Properties is pleased to exclusively present this shovel ready build for rent or build-for-sale community in the highly desirable Hardin Valley submarket of Knoxville. The site is the third phase of an existing development and is approved for 59 attached single family townhome units, a product that is in high demand in the Knox County market. The site is fully entitled and a buyer can expect to be able to start moving dirt soon after closing. All available plans, approvals, and proposed unit elevations are included in the sale of the property. Improvements have already been made to the subject site and what remains to be completed is outlined below. What has been completed: - Mass grading - only fine grading and road transitions are left to do - All utilities connect to the project at two different locations - Temporary storm pond is in place – a significant portion of the storm work has been completed. The buyer will need to add one additional small pond for this phase - All primary entrances have been installed and all common areas - The utility site improvements have all been completed. The buyer will only need to install utilities within the subject phase for the units themselves - Clearing has been completed What needs to be completed: - Engineered drawings for the site based on the buyer's preferred unit mix - Final grade - Installation of utilities for this phase by tapping into the existing connections - Small amount of stormwater for this phase only - Install roads and sidewalks for this phase only Further, the property is conveniently located within the rapidly-growing Hardin Valley submarket and is zoned for Hardin Valley schools, which are known to be the most sought after in Knox County. In addition, I-40 is only two miles southwest of the site and Turkey Creek, West Knoxville's premier retail destination, is only a ten minute drive away. |
Attachments & Media
Additional Details
| Nearest MSA: | Knoxville |
| County: | Knox |
| Tax ID/APN: | 141 05003 |
| Part of Planned Development?: | Yes |
| Development Name: | Everett Woods |
| Topography: | Level |
| Easements: | Utilities |
| Available Utilities: | Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,738 | 21,534 | 52,732 |
| Median Age: | 42.14 | 44.81 | 42.48 |
| Households: | 818 | 8,126 | 20,115 |
Contact
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