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: 4/21/2022

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

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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


Photograph of Listing Agent

Stephen J Goodson, CLU, ChFC

Remax Checkmate, Commercial Division NETAR CMLS Member
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