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4162 Snyder Rd - Snyder Road - Bartlett Drive Property

204.25 Acres of Agricultural Land Offered at £5,838,600 in Kodak, TN 37764

Investment Highlights

  • Attractive Scenic Landscape
  • Proximity and Assessibility to I-40
  • Partially in Opportunity Zone
  • Small Pond; Creek
  • Commercial and Residential Growth Area

Executive Summary

This beautiful land property consists of 204.25 acres, located 1.5 miles north of I-40 (Exit 407) and east of Snyder Road, spanning 8 adjacent lots in Sevier County and Jefferson County.
The property, more or less unimproved, has Snyder Road frontage on three stretches totaling over 1,900 feet.
The property includes a pond and a creek in the center and has a rolling topography.
All individual lots, both in Sevier County and Jefferson County, are currently zoned A-1, Agriculture and Forestry. In Sevier County this allows for residential development, including cabin resort development. Multi-family and commercial development will require rezoning and possibly extension of sewer to the property.
The lots in Sevier County are located in one of the county's two Opportunity Zones, which offers attractive tax opportunities for qualified investors.
The nearby market area has shown a considerable increase of investment activities, including multifamily housing developments and major land acquisitions.
Utility water is available on Snyder Road. The closest utility sewer pump station is about 0.8 mile south of the property and could possibly be brought to the property.
The property is entirely outside the FEMA flood zone.
The Map and Parcel numbers for the 8 tracts are as follows: Map 005, Parcels 021.00, 025.00, 026.00, 027.02, and 074.45 as well as Map 072, Parcels 005.00, 007.00, and 009.00.

Property Facts

Price £5,838,600
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 204.25 AC
Opportunity Zone Yes

1 Lot Available

Lot N/A

Price £5,838,600
Price Per AC £28,586
Lot Size 204.25 AC

8 adjacent lots in Sevier and Jefferson Counties, totaling 204.25 acres. Rolling topography.

Description

This beautiful land property consists of 204.25 acres, located 1.5 miles north of I-40 (Exit 407) and east of Snyder Road, spanning 8 adjacent lots in Sevier County and Jefferson County. The property, more or less unimproved, has Snyder Road frontage on three stretches totaling over 1,900 feet. The property includes a pond and a creek in the center and has a rolling topography. All individual lots, both in Sevier County and Jefferson County, are currently zoned A-1, Agriculture and Forestry. In Sevier County this allows for residential development, including cabin resort development. Multi-family and commercial development will require rezoning and possibly extension of sewer to the property. The lots in Sevier County are located in one of the county's two Opportunity Zones, which offers attractive tax opportunities for qualified investors. The nearby market area has shown a considerable increase of investment activities, including multifamily housing developments and major land acquisitions. Utility water is available on Snyder Road. Utility sewer is not available at this location. The property is entirely outside the FEMA flood zone. The Map and Parcel numbers for the 8 tracts are as follows: Map 005, Parcels 021.00, 025.00, 026.00, 027.02, and 074.45 as well as Map 072, Parcels 005.00, 007.00, and 009.00.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 005-025.00
  • 005-027.02
  • 005-074.45
  • 005-021.00
Land Assessment
£64,402
Improvements Assessment
£394
Total Assessment
£64,797

zoning

Zoning Code A-1(Agriculture/Forestry)
A-1(Agriculture/Forestry)
  • Listing ID: 16701004

  • Date on Market: 24/07/2019

  • Last Updated:

  • Address: 4162 Snyder Rd, Kodak, TN 37764

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