1770 Walters DR new

Morristown,TN 37814

$ 875000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1307842

Lot Size 25.670 Acres

Property Description

Presenting 26± acres of residential development land located at 1770 Walters Dr, Morristown, TN 37814. This strategically positioned site sits within city limits and is currently zoned R-2 (Medium Density Residential), allowing for single-family, duplex, and triplex dwellings by right.

The R-2 zoning supports approx. 8-9 units per acre for two- and three-family configurations, translating to a potential 200+ unit yield under optimized planning. The seller has previously explored development feasibility and had preliminary concept plans drawn for 86 single-family homes, offering a strong starting point for builders or residential developers.

With city utilities nearby and easy access to schools, shopping, and major corridors, this tract is ideally suited for a residential subdivision, duplex community, or garden-style apartment development (with rezoning or special use permit approval).

Location

State TN

County Hamblen County - 38

Area 25.67

Zoning Zoned Residential

Building

Lot Description Corner Lot,Irregular Lot

Others

Acceptable Financing Cash,Conventional,New Loan

Listing Terms Cash,Conventional,New Loan

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