7.78 Acres Off I-40 at Exit 432

Vacant Land for Sale
Catylist Listing ID: 30346242
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 7.78 Acres
Sale Price: $2,400,000
Unit Price: $308,483 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2020

Overview / Comments

Great investment opportunity with I-40 access at Exit 432. Direct access to Sevier County/Pigeon Forge/Gatlinburg with the new parkway. Perfectly level lots at road level. One lot has a 6,456 square foot former restaurant and bar.

Traffic Counts:
I-40 at Exit 432 - 26,000 cars daily
Hwy 25/70 - 14,000 cars daily

Owner is selling lots individually as well. Contact agent for more details.

Additional Details

Nearest MSA: Newport
County: Cocke
Tax ID/APN: 015046 10704

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,213 5,007 18,834
Median Age: 40.94 40.66 42.02
Households: 849 2,110 7,865

Contact

Photograph of Listing Agent

Mark Shipe

Holrob NETAR CMLS Member
Photograph of Listing Agent

Lee Tramel

Holrob Not a member of NETAR CMLS
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