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896 University St

55 Acres of Commercial Land Offered at £1,322,602 in Martin, TN 38237

Executive Summary

55 +/- Acres of land (2 - 55 AC Available)
Parcels 1 + 2: $517,000.00
Parcels 6 + 7: $1,117,150.00
Located along Martin's main east-west commercial artery and centrally located within the city's most recent development
Property lays mostly flat to gently rolling
Property is zoned P-B (Planned Business District) and R-1 (Low Density Residential District)
Less than a mile from University of Tennessee - Martin (enrollment around 6,700 Students)
Development opportunity to become main retail center servicing the University's students, faculty and staff (Possibility for anchor/shopping center and frontage out parcels)

Attachments

Traffic Counts

Property Facts

Price £1,322,602
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 55.00 AC

1 Lot Available

Lot

Price £1,322,602
Price Per AC £24,047
Lot Size 55.00 AC

55 +/- Acres of land Located along Martin's main east-west commercial artery and centrally located within the city's most recent development Property lays mostly flat to gently rolling Property is zoned P-B (Planned Business District) and R-1 (Low De

Description

55 +/- Acres of land Located along Martin's main east-west commercial artery and centrally located within the city's most recent development Property lays mostly flat to gently rolling Property is zoned P-B (Planned Business District) and R-1 (Low Density Residential District) Less than a mile from University of Tennessee - Martin (enrollment around 6,700 Students) Development opportunity to become main retail center servicing the University's students, faculty and staff (Possibility for anchor/shopping center and frontage out parcels)

zoning

Zoning Code 00010 (P-B)
00010 (P-B)
  • Listing ID: 28892116

  • Date on Market: 30/06/2023

  • Last Updated:

  • Address: 896 University St, Martin, TN 38237

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