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Hwy 394 and I-81

43.2 Acres of Commercial Land Offered at £4,694,700 in Blountville, TN 37617

Investment Highlights

  • Major Corner Lot
  • Large lot size that can be subdivided
  • Interstate visibility

Executive Summary

Located at the corner of Highway 394 and Interstate 81, this 43.2 acre property is commercially zoned with extremely high accessibility and visibility to the 49,000 vehicles that pass by daily via the parallel interstate and the 289 feet of road frontage on highway 394. Able to be subdivided to best suit the needs of the tenant or buyer, this major corner lot property offers all the essentials to start a profitable business, such as a gas station, drive through type business, hotel, truck stop, or any number of other highway related businesses.
Available for sale or with flexible lease terms

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per AC
Taxes £40,326 £933.46
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual £40,326
Annual Per AC £933.46
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual £40,326
Annual Per AC £933.46

Property Facts

Price £4,694,700
Sale Type Owner User
Sale Conditions
Ground Lease Sold
  • Ground Lease (Leased Fee)
  • Design & Build
  • Tenants option to buy property
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Convenience Store
  • Fast Food
  • Hotel
  • Restaurant
  • Self Storage
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 43.20 AC

1 Lot Available

Lot

Price £4,694,700
Price Per AC £108,674
Lot Size 43.20 AC

Corner of HWY 394 & Interstate 81. 43.2 acre commercial zoning. 49K CPD. High visibility 289 FT frontage HWY 394. Can be subdivide to suit needs or tenant/buyer. For sale or with flexible lease terms - suggested for gas station, truck stop or hotel

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
050-036.04
Land Assessment
£6,983 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£6,983 (2023)
Annual Taxes
£40,326
Tax Year
2024

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 11487379

  • Date on Market: 04/02/2018

  • Last Updated:

  • Address: Hwy 394 and I-81, Blountville, TN 37617

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