Erwin 7 Acres at New Food City - REDUCED!

Vacant Land for Sale
Catylist Listing ID: 30463095
Property Subtypes: Office, Retail, Other
Gross Land Area: 7.45 Acres
Sale Price: $558,750
Unit Price: $75,000 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/28/2021

Overview / Comments

JUST REDUCED! Ready for Development - Opportunity Zone location! Large level 7.45 +/- acre site immediately off I-26, Exit 37 in Erwin, TN. This land sits immediately behind/alongside new Food City with Pals, Bojangles and Taco Bell in immediate vicinity. Very convenient location for a strip center developer, hospitality, office or any other business that seeks to locate in this rapidly expanding area of Erwin. Also suited to industrial type user given it's interstate access. Property also sits across from Erwin's popular linear trail, a picturesque paved greenway. See attached site plan for more property details. For further information on Opportunity Zones, see link. This is a great price and a good piece of land with all the utilities in place!

Additional Details

Nearest MSA: Johnson City
County: Unicoi
Tax ID/APN: 086023K A 00202

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,443 11,897 13,869
Median Age: 43.7 44.94 44.7
Households: 1,063 5,014 5,819


Photograph of Listing Agent

Jacqueline Lesley Hewitt

TCI Group - Jerry Petzoldt Agency, LLC NETAR CMLS Member
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