Prime: 44.9 Acres - Downtown Maynardville

Retail-Commercial for Sale
Catylist Listing ID: 30775797
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Restaurant, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 4,400 SF
Gross Building Area: See Agent
Gross Land Area: 44.99 Acres
Sale Price: $1,225,000 - 1,600,000
Unit Price: $278.41 - 363.64 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2023

Overview / Comments

Almost 45 Acres of Prime Location in Maynardville. Zoned Ag/Residential since 1904, now incl: General & Central Business. This offers buyers' a broad range of Residential & or Commercial Zoning potential on Maynardville Hwy. Primary 7.4 acre parcel is bordered by (3) roads including Hwy 33/61 & Main St w/easy level access off of each, makes for cost effective infrastructure. Almost 37 acre parcel (across Hwy 33) could be perfect for much needed residential development. Only 10miles to each: Knoxville & Tazewell/New Tazewell makes for a very visible location in a growing market. Brick, basement Rancher has potential for modification for home, home business or commercial modifications: Restaurant? Brewery? Hotel? Offices? Have the vision. So much potential, don't miss out!

Additional Details

Nearest MSA: Knoxville
County: Union
Taxing Authority: Union County
Tax ID/APN: 058 014.00 000
Retail Clientele: General, Family, Business, Tourist
Property Located Between: HWY 33/61 and Main Street
Property Visibility: Excellent
Largest Nearby Street: HWY 33/61
Feet of Frontage: 783
Highway Access: Hwy 33/61
Airports: TYS
Property Condition: Fair
Year Built: 1972
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,162 12,983
Median Age: 37.8 38.53
Households: 2,675 4,940


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