REDUCED! Greeneville 50 Acre Site on Snapps Ferry Road
Vacant Land
for Sale
Catylist Listing ID: |
30432604 |
Property Subtypes: |
Agricultural, Industrial, Office, Other
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Gross Land Area: |
50 Acres
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Sale Price: |
$1,500,000 |
Unit Price: |
$30,000 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
1/4/2021 |
Overview / Comments
PRICE REDUCED! Great development potential at this 50 acre former dairy farm in established primarily industrial area of Greeneville on Snapps Ferry Road. This corner parcel has significant road frontage of approximately 1,800’ on Snapps Ferry Road which would be considered the primary frontage. There is also approximately 1,400’ frontage on Gass Drive, a fairly new connector road. There is also over 400’ frontage along Thornwood Drive which parallels Snapps Ferry Road.
Most of the 50 acres is cleared pastureland with some small wooded areas. All major utilities including electricity, water, sewer and gas are at site. Water line is 12” with sewer being an 8” gravity flow line. There is a billboard on the property which brings in income of $1,200/year with annual renewals each May. Property also has two natural springs and a small creek in lower meadow area. There is an older two story farmhouse and a few outbuildings which do not add any real value.
Formerly known as Spring Dairy Farm, this property sits across from the CHASAN Industrial Complex and several of Greeneville’s major businesses including ForwardAir, Sopakco Distribution and Meco Corporation. Greene County is home to more than 90 manufacturing firms with its strategic location, allowing its manufacturing companies to efficiently and economically connect to every major market in the eastern half of the United States. Interstate access includes I-81 is within 16 miles, I-26 is 32 miles and I-40 is about 37 miles. See attachments for further community and demographic information on Greeneville and Greene County, TN. See attached slideshow link for more property photos. Contact agent for further details on this exceptional development site.
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Additional Details
Nearest MSA: |
Greeneville |
County: |
Greene |
Tax ID/APN: |
030087 14200 |
Zoning: |
M-2 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
2,586 |
18,512 |
28,666 |
Median Age: |
45.41 |
41.31 |
42.03 |
Households: |
1,322 |
7,679 |
11,754 |
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