43+ acres Fronting Rocky Springs Rd. & TVA on Cherokee Lake

Vacant Land for Sale
Catylist Listing ID: 30456235
Property Subtypes: Hospitality, Vacation/Resort, Other
Gross Land Area: 43.86 Acres
Sale Price: $399,900
Unit Price: $9,117 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/20/2019

Overview / Comments

43+ acres with views of Cherokee Lake. Multiple building sites, ample road frontage with a small portion of the property on the TVA/Cherokee lake side of Rocky Strings Rd. Property is located approximately 4.3 miles from Clinchview Golf & Country Club and only 3 minutes from the German Creek Marina. There is a 1,400sf house with workshop & barn on the property, no value. Electric & well at house, please test. TVA area adjoining property is zone 4. Information available at: https://www.tva.gov/Environment/Environmental-Stewardship/Land-Management/Reservoir-Land-Management-Planning-Zones Gate is locked, please make appointment to show. Information is deemed reliable but not guaranteed.

Additional Details

Nearest MSA: Morristown
County: Grainger
Taxing Authority: Grainger Co.
Tax ID/APN: 032 046.00
Zoning: AG
Property Located Between: Bean Station & Rutledge
Property Visibility: Good
Largest Nearby Street: US 25E & US 11W
Feet of Frontage: 1,376
Highway Access: 3.2 miles to US 25E & US 11W
Airports: Maghee Tyson Airport approximately 70 minute drive time.
Site Description: Property Boundary at road frontage meanders back and forth adjoining and crossing Rocky Springs Rd. Where property meets TVA land, TVA zoning is 4. More information at https://www.tva.gov/Environment/Environmental-Stewardship/Land-Management/Reservoir-Land-Management-Planning-Zones
Area Description: Property is located behind Leon's Rock Subdivision. Immediate area has mostly larger tracts and single family homes. Only minutes to Bean Station, German Creek Marina, Clinch View Golf & Country Club, Clayton/Norris Home manufacturing plant, Sextons Furniture, Highland Furniture Manufacturing.
Lot Frontage: 3514
Lot Depth: 1770
Zoning Description: Agriculture
Topography: Hilly
Easements: Ingress/Egress, Other
Easements Description: 30 ft wide ROW beginning at Rocky Springs rd. and following SW property line for 725 ft.
Available Utilities: Electric
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,325 13,182
Median Age: 42.96 43.07
Households: 2,151 5,335
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