Greeneville 50 Acre Site on Snapps Ferry Road

Vacant Land for Sale
Catylist Listing ID: 30432604
Property Subtypes: Agricultural, Industrial, Office, Other
Gross Land Area: 50 Acres
Sale Price: $1,750,000
Unit Price: $35,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/18/2019

Overview / Comments

Excellent Development Potential! This 50 acre former dairy farm sits 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.

Additional Details

Nearest MSA: Greeneville
County: Greene
Tax ID/APN: 030087 14200
Zoning: M-2

View FullscreenMap

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
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.