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Multifamily Development Land Parcel

1101 Sherwood Drive Morristown, TN 37814

1101 Sherwood Drive, Morristown, TN, 37814
$119,900
For Sale
$119,900

LAND - Morristown, TN

Lot Size7.10 Acres
Days on Market138

Property Features for 1101 Sherwood Drive

General Information

Property type
Land
Property subtype
Other
Zoning
R2
Standard status
Active
APN
034A C 052.00
Lot size
7.10 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
527
Listing Agency Comwire Realty TN, LLC
101 E Main St Suite 300, Morristown, TN
Listed by Richard A Sarta · License #511790
Added: Mar 5 Updated: Jul 19 at 5:30 am Checked: Jul 21 at 4:06 am
MLS# 710603 Listing URL

Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 7.1-acre land parcel is zoned R2 and is offered for residential development in Morristown. The property is described as suitable as a multifamily development site with zoning capacity for up to 84 units, or as a single-family home site, depending on the buyer’s plan.

The offering is positioned for convenient access to nearby shopping, grocery, schools, and medical facilities in Morristown. The public remarks also note proximity to Cherokee Lake and Douglas Lake for recreation, along with access to the Great Smoky Mountains area.

According to the listing, the terrain is gently sloping and the site is described as having utilities available. This land parcel is presented as a straightforward platform for residential construction consistent with its R2 zoning.

Key Highlights

  • 7.1‑acre multifamily development parcel or single‑family home site in Morristown, TN
  • Zoned for up to 84 multifamily units, supporting a range of residential development options
  • Utilities are readily available to the site

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Law Firm HVAC Service Building Supply Dental Office Restaurant Plumbing Service Gym & Fitness Center Kitchen & Bath Showroom Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential land & home lot - 7.1-acre multifamily-zoned parcel in Morristown, TN, with capacity for up to 84 units.
Where is this residential land & home lot located?
The property is located at 1101 Sherwood Drive Morristown, TN.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 7.1‑acre multifamily development parcel or single‑family home site in Morristown, TN; Zoned for up to 84 multifamily units, supporting a range of residential development options; Utilities are readily available to the site
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