3± Riverfront Acres on Race St

Vacant Land for Sale
Catylist Listing ID: 29738706
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1 - 3.07 Acres
Sale Price: $292,834 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/14/2018

Overview / Comments

3± Acre Commercial development site on Race Street at the Clinch River. Will divide.

Zoned C-2, the tract offers an opportunity for a number of possible developments such as restaurant, retail, office, medical, self-storage, multifamily and more.

With 485’ frontage on Race street, the property is well located midway between the Midtown developments and downtown Kingston, TN. The property has excellent visibility from Race street and even I-40. Traffic counts are strong at 12,000+ per day. Traffic is local traffic between Kingston, Midtown, Harriman and Rockwood, and destination traffic for shopping at Kroger/Lowe's in Midtown)

This property is pad ready. It has already been graded and all utilities are to the site.

The owners will divide subject to approval of a master plan. The property is zoned C-2, General Business District, which allows a wide range of uses, including all uses permitted in the O-1, Office District. C-2 uses include Retail, Finance, Insurance, Business, Professional and Personal Services, Car/Truck Repair, Hotels, Religious activities and more.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Roane
Taxing Authority: City of Kingston and Roane County
Tax ID/APN: 047I A 001.00, 047I A 001.01
Zoning: C-2
Market Type: Small
Side of Street: South
Road Type: Paved, 2-Track, Highway
Property Visibility: Excellent
Largest Nearby Street: W Race St
Feet of Frontage: 485
Traffic/Vehicle Count: 12,413
Lot Frontage: 485
Topography: Level
Available Utilities: Electric, Water, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,539 12,469 23,166
Median Age: 42.89 44.54 44.43
Households: 648 5,301 9,751
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.