Catylist ID: #30247112
8.8 Acres Multifamily or Residential Development Land
Vacant Land for Sale
|Catylist Listing ID:||30247112|
|Property Subtypes:||Multi-Family, Residential (Single Family)|
|Gross Land Area:||8.80 Acres|
|Sale Price:||$100,000 Per Acre|
|Sale Terms:||Cash to Seller|
Overview / Comments
Great Site for: Multifamily, Senior Living, Assisted Living, Condo/PUD
Maps As: 3300 Bakertown Rd, Knoxville, TN 37931
Lat/Lon 35.968811 -84.081145
Unincorporated Knox County (No City Tax).
The parcel is centered on the extension of Schaad Rd. Schaad Rd will eventually connect Clinton hwy and Middlebrook Pike. Phase 2 will be completed in approx. 18 months and phase 3 will follow.
* Is part of a development planned for retail on both sides of the Schaad Road extension.
* Is the southern portion of Parcel ID: 091 25604.
* Starts about 560' south of new Schaad Rd Extension. Has about 645' of frontage on the northeast side of Bakertown Rd
*Property is gently sloping pasture with no flood zone.
Zoned County PR (Planned Residential). The PR Zone directly allows: Detached & Attached homes (not including mobile homes), Duplexes, Multi-family developments (up to 24 units/acre, however, we expect approval for about 9-10 units/acre). Permits Assisted Living under Use on Review.
MPC currently notes the property as 1-4 DU/Ac (Dwelling Units/Acre) however we have advised that excess density from the rest of the development south of Ball Camp Pike can be used on the subject site resulting in our opinion that there is a potential of 80+ units.
All Utilities in the area. See Documents and our Offering Memorandum for Utility Maps.
Attachments & Media
|Taxing Authority:||Knox County|
|Tax ID/APN:||091 25604|
|Largest Nearby Street:||Bakertown Rd|
|Feet of Frontage:||645|
|Zoning Description:||Residential areas thus established would be characterized by a unified building and site development program, open space for recreation and provision for commercial, religious, educational, and cultural facilities which are integrated with the total project by unified architectural and open space treatment.|
|Proximity:||1 mile||3 miles||5 miles|
Steve Goldman, CCIMGoldman Partners Realty, LLC
John S. DempsterGoldman Partners Realty, LLC
|The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|