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$ 325,000
Est. payment | /mo
7.07 Acres Lot
$ 325,000
Est. payment | /mo
7.07 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1288968
Originating Board East Tennessee REALTORS® MLS
Lot Size 7.070 Acres
Acres 7.07
Lot Dimensions 836.15' x 267.23' IRR
Property Description
Developers, builders, and investors—take note! This 7.07-acre parcel, zoned R2 and located just off Hwy 68 near I-75, presents a strong opportunity for multifamily development. With approximately 4.46 acres of usable land and access to water, electric, sewer, and internet at the road, the site is primed for growth. A preliminary layout includes a concept for 66 apartment units. Enjoy public road frontage and a peaceful, spring-fed lake at the rear of the property. Some restrictions apply. *Buyer to verify all details.
Location
State TN
County Monroe County - 33
Area 7.07
Zoning Zoned Residential, Zoned Multi-Family
Exterior
View City
Topography [object Array]
Road Frontage , City
Garage No
Building
Lot Description Pond, Wooded
Faces From New Highway 68 and Old Athens Pike, turn onto Old Athens Pike and the property will be on the left hand side in 0.2 mile.
Others
Restrictions Yes
Tax ID 033 102.04
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Realty Executives Main Street
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Demetri Demus
Broker Associate | License ID: 354450