1145 Midtown Commons Way - Commercial LAND FOR SALE
Knoxville, TN 37931 | 215,186 SF
$2,160,000 USD
865-205-2680
1145 Midtown Commons Way
Knoxville, TN 37931
HIGHLIGHTS
- Middlebrook Commons is a 5-acre development site with plans, environmental, and engineering in place for residential development.
- Strong demographics with projected 5-year population growth of 3.5% and median household income of $85,000 in a one-mile radius.
- Raw and rolling land, zoned OB and already approved for 120 total apartment units on the site.
- Utilities to site, along Middlebrook Pike in front of the property.
- Located on a four-lane highway and within 1,000 feet of a major grocery chain.
- Situated approximately 20 minutes west of Downtown Knoxville via I-40 and Middlebrook Pike.
OVERVIEW
Middlebrook Commons is a rare investment and development opportunity in Knoxville. It is positioned in a great location with easy access to the interstate and retail shopping nearby. With an approved plan for 120 units in a location projected to grow, this is an opportunity you will want to capitalize on!
FOR SALE DETAILS
PRICE
$2,160,000 USD
PRICE/ACRE
$437,248/AC
PRICE/SF
$10 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Multi-Family, Apartment Units
LAND ACRES
4.94 AC
LAND SF
215,186 SF
OFFSITE IMPROVEMENTS
-
ZONING
OB
APN/PARCEL ID
105-057,105-058
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865-205-2680
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865-205-2680
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