7.66 Acres State of Franklin
Vacant Land
for Sale
| Catylist Listing ID: |
30185062 |
| Property Subtypes: |
Hospitality, Office, Retail, Retail-Pad, Vacation/Resort, Other
|
| Gross Land Area: |
7.66 Acres
|
| Sale Price: |
$2,400,000 |
| Unit Price: |
$313,315 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/25/2021 |
Overview / Comments
7.66 Acres available fronting on State of Franklin's new commercial corridor, with access from Heart Dr. at the Med Tec Parkway. Over 600 ft of the property fronts State of Franklin's high traffic counts (25757 per day), and the property lays adjacent to new development such as Tru Point Bank, Home Trust Bank, AT&T, and high end retail strip centers, home to restaurants and professional offices.
Property can be subdivided.
|
Additional Details
| Nearest MSA: |
Johnson City |
| County: |
Washington |
| Taxing Authority: |
Johnson City |
| Tax ID/APN: |
045 051.01 |
| Property Located Between: |
Sunset and I-26 on State of Franklin |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
State of Franklin |
| Feet of Frontage: |
622 |
| Traffic/Vehicle Count: |
25,757 |
| Highway Access: |
I-26 access one mile up the road |
| Site Description: |
7.66 acres of raw land, with frontage on SOF and access behind Blue Cross on Heart Rd |
| Lot Frontage: |
622 ft |
| Topography: |
Undulating |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,635 |
46,094 |
78,744 |
| Median Age: |
47.3 |
39.45 |
38.83 |
| Households: |
2,163 |
19,515 |
33,533 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Northeast Tennessee Association of REALTORS® nor
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