398 Black Hollow Rd Rockwood, TN 37854
This exceptional 139.87-acre industrial land parcel presents a significant investment opportunity in Roane County, Tennessee. Strategically located near Rockwood, TN, this property boasts convenient access to major transportation arteries, including proximity to the Norfolk Southern Railway and only 20 miles from the Roane Regional Business & Technology Park. Currently zoned for heavy industrial use, the land offers potential for rezoning to commercial designations, expanding its development possibilities. The site's advantageous position directly across from the Roane County Industrial Park further enhances its appeal. The property is situated within the Knoxville Metropolitan Statistical Area, a region experiencing growth, as evidenced by recent major investments like Malibu Boats' $75 million expansion in the Roane Regional Business & Technology Park, creating approximately 770 new jobs. The area offers a blend of rural charm and outdoor recreational opportunities, including Watts Bar Lake and historical sites. Rockwood itself is a vibrant community, hosting events like the Thunder Road Festival. While the property offers significant potential, it's important to note that there are currently restrictions in place. Detailed land use documents are available for review. The asking price for this substantial land holding is $599,000. An additional approximately 77 acres is also available for sale via online auction. The property's address is 398 Black Hollow Rd, Rockwood, TN 37854.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.