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$ 1,375,000
Est. payment | /mo
24.69 Acres Lot
$ 1,375,000
Est. payment | /mo
24.69 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Hamblen County - 38
MLS Listing ID 1323415
Annual Tax Amount $3,043
Lot Size 24.690 Acres
Acres 24.69
Source East Tennessee REALTORS® MLS
Property Description
Prime Development Opportunity - Nearly 25 Acres on Hwy 25 with Multiple Access Points!
Discover endless potential with this exceptional 24.9± acre property offering high-visibility frontage on Highway 25 and additional access from Bell Road and N Morelock Road. Whether you're envisioning a marina, apartment complex, residential subdivision, strip center, or RV/boat storage, this versatile tract of land is perfectly positioned for your next project.
Just minutes from Cherokee Lake, developers have the rare opportunity to capitalize on the area's strong demand for lake-access amenities--ideal for marina services, storage facilities, or resort-style housing.
Currently zoned agricultural and benefiting from Green Belt tax savings, this property provides both immediate value and future development flexibility.
Strategically located in Morristown, the regional hub for employment, retail, recreation, and healthcare, this parcel sits at the center of an eight-county radius reaching nearly 350,000 residents. Morristown's infrastructure is unmatched, featuring its own general aviation airport, a fully operational rail system, and quick connectivity to Interstates 81, 40, and 75, as well as major routes 25E and 11E. (Source: Morristown Chamber of Commerce)
This is a rare chance to secure a highly accessible, high-growth location with limitless potential. Bring your vision--this property can support it.
Discover endless potential with this exceptional 24.9± acre property offering high-visibility frontage on Highway 25 and additional access from Bell Road and N Morelock Road. Whether you're envisioning a marina, apartment complex, residential subdivision, strip center, or RV/boat storage, this versatile tract of land is perfectly positioned for your next project.
Just minutes from Cherokee Lake, developers have the rare opportunity to capitalize on the area's strong demand for lake-access amenities--ideal for marina services, storage facilities, or resort-style housing.
Currently zoned agricultural and benefiting from Green Belt tax savings, this property provides both immediate value and future development flexibility.
Strategically located in Morristown, the regional hub for employment, retail, recreation, and healthcare, this parcel sits at the center of an eight-county radius reaching nearly 350,000 residents. Morristown's infrastructure is unmatched, featuring its own general aviation airport, a fully operational rail system, and quick connectivity to Interstates 81, 40, and 75, as well as major routes 25E and 11E. (Source: Morristown Chamber of Commerce)
This is a rare chance to secure a highly accessible, high-growth location with limitless potential. Bring your vision--this property can support it.
Location
State TN
County Hamblen County - 38
Area Hamblen County - 38
Zoning Seller will Rezone
Direction From VFW in Morristown, turn behind VFW, continue on Morelock towards Bell Rd, see sign, acreage has road frontage on Bell, Morelock and 25.
Building
Lot Description Wooded
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Tennessee Tuesdee Real Estate, LLC
NEARBY SCHOOL & BUSINESS
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Shawn Wilmoth, CCIM
Agent | License ID: 354366
308 N PETERS RD. STE 225, KNOXVILLE, TN 37922, United States