Listing Agency: Oliver Smith Realty & Development Company p***@propertyservicegroup.com Show Phone

Listed By: peter Medlyn · License #TN 292217

Source: Crexi

Added: Feb 16, 2023 Changed: Aug 8 Last Checked: Aug 8 at 4:26AM

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Investment Insights

Based on property information with market context.

This property features level topography and is proposed to be zoned R-3 High Density Residential. All utilities are available. It is located across from Walmart and Lowe’s, and is near TVA Credit Union and Jefferson Memorial Hospital. The location is minutes from the Morristown area, which has growing residential development, and close to Carson Newman College. Traffic counts are 18,750 at E. Broadway Blvd, 17,540 at Hicks Rd., and 18,356 at Universal St. Demographics within a 3-mile radius include a population of 14,751 and an average household income of $74,598. Within a 5-mile radius, the population is 22,451 with an average household income of $72,928. The 10-mile radius shows a population of 69,541 and an average household income of $74,271.

Key Highlights

• Proposed zoning for R‑3 High Density Residential allows for significant development potential.
• Excellent location** across from major retailers Walmart and Lowe's.
• All utilities are available on the property.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

6

Businesses Nearby

Explore this area Business Placement

Demographics for 37760, TN

13,726

Population

5,798

Households

2.4

Avg Household Size

39

Median Age

30%

College-Educated

91%

High-School Grad

40.7 sq mi

ZIP Area

337

Density / Sq Mi

$61,626

Median Household Income

$32,262

Median Earnings

$844

Median Rent

$233,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Level land with high-density residential zoning potential.

Where is this residential land & home lot located?

The property is located at Odyssey Rd Jeff City, TN.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: Proposed zoning for R‑3 High Density Residential allows for **significant development potential.**; Excellent location** across from major retailers Walmart and Lowe's.; All utilities are available on the property.