Vacant Land close to Tusculum College

Vacant Land for Sale
Catylist Listing ID: 30279047
Property Subtypes: Multi-Family, Office, Other
Gross Land Area: 5.41 Acres
Sale Price: $429,900
Unit Price: $79,463 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/4/2018

Overview / Comments

Vacant land available, desirable location inside Greeneville city limits. Property is located just under 1,200 feet from the campus of prestigious Tusculum College. Tusculum College founded in 1794 making it the oldest institution for higher learning in Tennessee. To the North West subject property is located just over 1,900 from the intersection of Erwin Highway and Andrew Johnson Hwy. This intersection shows well over 35,000 vehicles per day. Subject property is zoned R-4 (High Density) Residential. The intent of this district is to provide for high density residential development plus possible professional services which may also be permitted. Possible professional services may include: Doctors, Dentist, Attorney, Architect, Real Estate, & Insurance Offices. Hospitals, Medical Clinics, Funeral Homes, Fraternal Organizations (non-profit) Clubs & Nursing Homes. Sale includes Lots 1,2,3,4&5 of the Freshour Property Sec. 2 SD. Gas shows available at 500 block Erwin Hwy. (Confirm with Atmos). Sources: CRS, Greeneville Zoning Ordinance, esri, arcgis, atmos. Information herein is deemed reliable but not guaranteed.

Additional Details

Nearest MSA: Greeneville
County: Greene
Taxing Authority: Greene Co
Tax ID/APN: 088P A 026.12
Zoning: R-4
Property Located Between: Andrew Johnson Hwy & Liberty Way
Property Visibility: Good
Legal Description: Sale includes Greene Co. Parcel Id's 088P A 026.12, 026.11, 026.10, 026.01, 026.05 being Lots 1,2,3,4&5 of the Freshour Property Sec. 2 SD.
Largest Nearby Street: Andrew Johnson Highway.
Feet of Frontage: 459
Highway Access: Frontage on Erwin Highway Less than 2000' from intersection of Andrew Johnson Highway and Erwin Highway
Airports: Greeneville-Greene County Municipal Airport, Tri-Cities Airport
Site Description: Gently rolling, Mountain View
Area Description: East side of Greeneville. Property located only a few hundred feet from the campus of the Prestigious Tusculum College.
Lot Frontage: 459'
Lot Depth: 500'
Zoning Description: R-4 The intent of this district is to provide for high density residential development plus possible professional services which may also be permitted. Possible professional services may include: Doctors, Dentist, Attorney, Architect, Real Estate, & Insurance Offices. Hospitals, Medical Clinics, Funeral Homes, Fraternal Organizations (non-profit) Clubs & Nursing Homes.
Topography: Gently Sloping
Available Utilities: Electric, Water
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,012 14,380 30,246
Median Age: 38.51 42.38 42.02
Households: 2,007 5,805 12,280
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