0 Midway Rd Strawberry Plains, TN 37871
This exceptional 6.5-acre commercial land tract presents a unique investment opportunity in Strawberry Plains, Tennessee. Strategically located just 300 feet from Exit 402 off-ramp on Midway Road, this property boasts unparalleled visibility and accessibility. Its prime location offers easy access to major thoroughfares, placing it within a short 5-mile radius of Exit 407, the gateway to the popular tourist destinations of Pigeon Forge and Gatlinburg. Currently zoned agricultural, the property presents potential for rezoning to accommodate a wide range of commercial uses, including retail, hospitality, or owner-occupied businesses. The expansive lot size provides ample space for development, catering to various project scales and needs. The property's APN is 086 125. This is a rare opportunity to acquire a significant parcel of land in a rapidly growing area, with the added benefit of neighboring properties also available for purchase, potentially allowing for the assemblage of nearly 70 acres at Knoxville's last remaining undeveloped intersection. The asking price for this remarkable property is $289,900. This presents a compelling investment prospect for those seeking high-visibility commercial land in a thriving Tennessee market. The property is located in Knox County, Tennessee, with a zip code of 37871.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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