1950 Knoxville Highway
$4,260,000
1,060,686 / 24.35
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Description
Located in the picturesque area of Wartburg, TN, and strategically situated right off HWY 62, this 25-acre parcel of prime land presents an exceptional opportunity for savvy developers and investors. The land, boasting vast expanses of developable terrain, is perfectly poised for a variety of commercial ventures, including a hotel, restaurant, grocery store, or mixed-use development. Given its proximity to major tourist attractions such as the Brushy Mountain State Penitentiary and Frozen Head State...Located in the picturesque area of Wartburg, TN, and strategically situated right off HWY 62, this 25-acre parcel of prime land presents an exceptional opportunity for savvy developers and investors. The land, boasting vast expanses of developable terrain, is perfectly poised for a variety of commercial ventures, including a hotel, restaurant, grocery store, or mixed-use development. Given its proximity to major tourist attractions such as the Brushy Mountain State Penitentiary and Frozen Head State Park, the location is a magnet for both local and visiting patrons. This unique blend of natural beauty and historical significance ensures a steady stream of visitors year-round, offering an ideal backdrop for a thriving business hub. The property's easy access to major transportation routes, combined with the allure of surrounding natural landscapes and attractions, makes it a highly desirable spot for development projects aimed at tapping into the tourism and retail markets. Whether looking to build a boutique hotel that caters to adventure-seekers and history buffs, a restaurant that serves as a culinary gateway to the region, or a retail complex that meets the needs of locals and tourists alike, this land offers the flexibility and location to make those visions a reality. In essence, this 25-acre plot is not just land; it's a blank canvas for creating a landmark destination in Wartburg, TN. Its potential for generating significant returns on investment through a well-conceived development project is immense. For investors and developers with a vision to blend commerce with the captivating charm of Tennessee's landscapes and historical sites, this opportunity is unparalleled.
- Listed by Martha Riordan • MR10 Realty
- Listed by Michael Riordan • MR10 Realty
Property Details for 1950 Knoxville Highway
Zoning Description
None, Zoned Residential, Zoned Agricultural
ViewMountain View
Zoning Zoned AgriculturalTrue
Zoning Zoned ResidentialTrue
LISTING UPDATED: 10/03/2024 02:30 PM
Property Details for 1950 Knoxville Highway
Status | Active |
---|---|
MLS # | 1205943 |
Days on Market | 782 |
Taxes | $1,101 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lots & Acreage |
Year Built | - |
Lot Size | 24.35 AC |
County | Morgan County |
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Building Information for 1950 Knoxville Highway
Lot Size24.35 AC
Property Information for 1950 Knoxville Highway
Property History for 1950 Knoxville Highway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1950 Knoxville Highway
Taxable ValueLand$22,500Additions-Total$22,500
Tax Record2022$612 ($51 / month)
Home Facts
Beds0Lot Size271,814 SqFtStyleResidentialCountyMORGANAPN065108 01309
Schools near 1950 Knoxville Highway
This home is within Morgan County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Central Elementary School PublicPK to 5 | ||
Petros Joyner Elementary School PublicPK to 8 | ||
Central Middle School Public6 to 8 | ||
Central High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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