Morristown Residential Development Land
For Sale
$774,000
1770 Walters Dr, Morristown, TN 37814
26-acre residential development land with high-density potential in Morristown, TN.
Property Size25 SF
Price / SF$30,960
Days on Market263
Property Features for 1770 Walters Dr
General Information
Standard status
Active
Size
25 SF
Class
C
Property subtype
Land
Building Details
Year Built
1929
Listing Agency:
SVN I Wood Properties
(865) 202-6767
Listed By:
Jon Roosen · License #366234
(865) 202-6767
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Jul 16 at 7:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN I Wood Properties
Investment Insights
Based on property information with market context.
This is a 26-acre residential development land opportunity located at 1770 Walters Dr, Morristown, TN 37814. The site is located within city limits and is zoned R-2 (Medium Density Residential), which allows for single-family, duplex, and triplex dwellings. The R-2 zoning supports approximately 8–9 units per acre for two- and three-family configurations, potentially yielding over 200 units with optimized planning. Preliminary concept plans have been drawn for 86 single-family homes. The property is suited for a residential subdivision, duplex community, or garden-style apartment development, with rezoning or special use permit approval. Public utilities are available nearby. The property is located near retailers and local amenities, with easy access to schools, shopping, and major corridors.
Key Highlights
- 26± acres of residential development land within Morristown city limits
- Zoned R‑2 allowing single‑family, duplex, and triplex dwellings
- Potential for 200+ units under current zoning with optimized planning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
642
Businesses Nearby
Explore this area
Business Placement
Demographics for 37814, TN
34,130
Population
15,287
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
43.9 sq mi
ZIP Area
777
Density / Sq Mi
$51,083
Median Household Income
$35,062
Median Earnings
$859
Median Rent
$192,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 26-acre residential development land with high-density potential in Morristown, TN.
Where is this land located?
The property is located at 1770 Walters Dr Morristown, TN.
What is the asking price?
The asking price for this property is $774,000.
What are key features of this property?
This property features: 26± acres of residential development land within Morristown city limits; Zoned R‑2 allowing single‑family, duplex, and triplex dwellings; Potential for **200+ units** under current zoning with optimized planning
