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635 Veterans Pky - West Morristown Development Land

28.42 Acres of Agricultural Land Offered at £1,111,861 in Morristown, TN 37813

Investment Highlights

  • Close proximity to Andrew Johnson Highway
  • Five minutes from the Morristown Regional Airport and Interstate 81
  • Located in a 2023 Qualified Census Tract
  • Two minutes from Morristown Landing, the new community center and the new Covenant Health Emergency Center
  • Located in the most desirable school zone in Morristown
  • Located in an Opportunity Zone

Executive Summary

Located in the growing West Morristown submarket just 2 minutes from Andrew Johnson Highway, this site is in an ideal location for development of market rent multifamily, 55 and over housing, senior living, affordable housing or any number of other beneficial uses.

Attachments

Morristown 28 Acres Offering Materials

Property Facts

Price £1,111,861 Property Subtype Agricultural
Sale Type Investment or Owner User Total Lot Size 28.42 AC
No. Lots 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type Land
Price £1,111,861
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 28.42 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price £1,111,861 Lot Size 28.42 AC
Price Per AC £39,123
Price £1,111,861
Price Per AC £39,123
Lot Size 28.42 AC

28.42 acres located along Veterans Parkway in close proximity to recent development in West Morristown. Ideally suitable for multifamily or senior housing.

Description

Located in the growing West Morristown submarket just 2 minutes from Andrew Johnson Highway, this site is in an ideal location for development of market rent multifamily, 55 and over housing, senior living, affordable housing or any number of other beneficial uses. Purchaser will be responsible for annexation and rezoning to appropriate use.

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635 Veterans Pky, Morristown, TN - aerial map view - Image1
635 Veterans Pky, Morristown, TN - aerial map view - Image2

zoning

Zoning Code Agricultural (Purchaser will have to submit for annexation into the City of Morristown and rezoning for desired use.)
Agricultural (Purchaser will have to submit for annexation into the City of Morristown and rezoning for desired use.)
(865) 862-6412

Contact

  • Listing ID: 29547917

  • Date on Market: 18/09/2023

  • Last Updated:

  • Address: 635 Veterans Pky, Morristown, TN 37813

The Land Property at 635 Veterans Pky, Morristown, TN 37813 is currently available for sale. Contact NAI Koella | RM Moore for more information.

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635 Veterans Pky, Morristown, TN for sale Aerial- Image 1 of 3
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635 Veterans Pky - West Morristown Development Land
(865) 862-6412 x

635 Veterans Pky - West Morristown Development Land

Heidi Adams

(865) 862-6412

(865) 862-6412

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