7.8 Commercial Acres on AJ Highway in Morristown

Vacant Land for Sale
Catylist Listing ID: 30631779
Property Subtypes: Hospitality, Office, Retail, Other
Gross Land Area: 7.80 Acres
Sale Price: $2,495,000
Unit Price: $319,871 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/12/2020

Overview / Comments

With 842 feet of frontage on West Andrew Johnson Highway, this approximately 7.8 acre parcel is in the heart of the new commercial area in Morristown. It is across from the new Weigel’s and near the new WalMart.

The property would be ideal for a restaurant, strip center, or other commercial venture. The property has a traffic count of more than 25,000 cars per day.

Call Mike at 865-250-1001 to set up a showing.

Additional Details

Nearest MSA: Morristown
County: Hamblen
Tax ID/APN: 032040 02600
Zoning: IB: INTERMEDIATE BUSINESS DISTRICT
Property Visibility: Excellent
Lot Frontage: 850
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,422 17,832 40,768
Median Age: 40.95 40.95 38.76
Households: 1,382 6,988 15,773

Contact

Photograph of Listing Agent

Robert Strickland

Furrrow Strickland Real Estate
NETAR CMLS Member
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