Platted-Ready Residential Land
For Sale
$3,750,000
7615-7618 Twin Oak Lane, Corryton, TN 37721
Residential land with partially cleared site and approved engineering for 110 lots, including infrastructure and grading plans for Phase I.
Property Size709,156 SF
Lot Size33.04 Acres
Price / SF$5.29
Days on Market90
Property Features for 7615-7618 Twin Oak Lane
General Information
Standard status
Active
Size
709,156 SF
Lot size
33.04 Acres
Property subtype
Lots & Acreage
Taxes and HOA fees
Annual Taxes
$1,813
Amenities
True
Listing Agency:
Realty Executives Associates
Listed By:
Jennifer Wilson
Source:
Compass
Added: May 27
Changed: Aug 8
Last Checked: Jul 20 at 8:59PM
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 Realty Executives Associates
Investment Insights
Based on property information with market context.
This residential development site totals 33.04 acres and includes addresses 7615 and 7618 Twin Oak Lane. The property is partially cleared, with engineering approved for 110 lots and plans in place to move dirt. The development was contemplated in three phases, with Phase I including 27 lots and Phase II approximately 47 lots, while engineering for Phase II and Phase III continues.
Engineering is complete on Phase I with the infrastructure and grading plan in place, and Phase I and II excavation balance out. Robert G. Campbell & Assoc is listed as the engineering consultant. The property joins both Gibbs Elementary and Gibbs Middle Schools for approximately 850 feet of joint property, and the county recently let a contract for a new pedestrian walking overpass to Gibbs High School connecting all three schools.
The current status reflects a phased residential subdivision approach with Phase I infrastructure and grading ready, and additional engineering ongoing for the remaining phases.
Engineering is complete on Phase I with the infrastructure and grading plan in place, and Phase I and II excavation balance out. Robert G. Campbell & Assoc is listed as the engineering consultant. The property joins both Gibbs Elementary and Gibbs Middle Schools for approximately 850 feet of joint property, and the county recently let a contract for a new pedestrian walking overpass to Gibbs High School connecting all three schools.
The current status reflects a phased residential subdivision approach with Phase I infrastructure and grading ready, and additional engineering ongoing for the remaining phases.
Key Highlights
- 33.04 acres on Twin Oak Lane (7615 & 7618) in the Gibbs community
- Partially cleared property with approved engineering for 110 lots, ready to move dirt
- Engineering complete for Phase I with all infrastructure and grading plans in place (Phase I: 27 lots)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 37721, TN
14,222
Population
5,844
Households
2.4
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
49.3 sq mi
ZIP Area
288
Density / Sq Mi
$64,674
Median Household Income
$41,293
Median Earnings
$960
Median Rent
$218,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential land with partially cleared site and approved engineering for 110 lots, including infrastructure and grading plans for Phase I.
Where is this residential land & home lot located?
The property is located at 7615-7618 Twin Oak Lane Corryton, TN.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 33.04 acres on Twin Oak Lane (7615 & 7618) in the Gibbs community; Partially cleared property with approved engineering for 110 lots, ready to move dirt; Engineering complete for Phase I with all infrastructure and grading plans in place (Phase I: 27 lots)
