N Hwy 72 - Commercial LAND FOR SALE


Loudon, TN 37774 1,068,962 SF
$1,840,500 USD
865-441-9162
N Hwy 72, Loudon, TN for Sale
$1,840,500 USD
Commercial LAND - FOR SALE
1/11
1,068,962 SF

N Hwy 72
Loudon, TN 37774


HIGHLIGHTS

  • Zoned for Multi and Single Family Residential Development
  • Potential for Multiple Access Points off Hwy 72
  • Growing Intersection, Potential Redlight & PILOT Tax Incentives Available

OVERVIEW

See other listing for approximately 6 acres of frontage on this parcel. Rear acreage is zoned R-3 Urban Residential District in the City of Loudon. R-3 zoning allows for single family and multifamily dwellings. Great opportunity for a developer to create a mixed use development with grocery/retail in the front and residential in the back or purchase this site individually while owner identifies a retail user for the frontage. Located only .25 miles from I-75, the parcel spans 968 feet on Hwy-72 and has 276 feet of frontage on Cedar Park Drive. Developer could extend the road from Centre Park Drive on the opposite side of Hwy-72 to provide access to the rear acreage for multiple points of access. City red-light and tax incentives may also be available. There are a variety of fast food restaurants, hotels, and a single family residential development nearby with home prices in the mid to upper $300,000s. Zoned for Loudon County High School.

FOR SALE DETAILS

PRICE

$1,840,500 USD

PRICE/ACRE

$75,000/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo, Single Family Development

LAND ACRES

24.54 AC

LAND SF

1,068,962 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone

ZONING

R-3 (Urban Residential)

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Hyatt HolbrookBlue Ridge Realty, Inc.More Info
865-441-9162

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Hyatt HolbrookBlue Ridge Realty, Inc.More Info
865-441-9162

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.