7544 Conner Rd Powell, TN 37849
This 1.41-acre commercial lot in Powell, Tennessee, is offered at $950,000. Located at 7544 Conner, this property is zoned C-R-2, allowing for a variety of uses including office and retail development. The land boasts excellent visibility due to its proximity to an interstate and is conveniently located near Tennova Medical Center North, providing high traffic and potential customer base. Some preliminary grading has already been completed, simplifying the development process. The asking price equates to approximately $673,758 per acre. Cash to seller is the preferred sale term. A deed restriction prohibiting hotels or motels will be a condition of sale. This property presents a unique opportunity for investors and developers seeking a strategic location in a thriving commercial district catering to personal and business services, and general retail businesses. The property's APN is 047OB006 and is situated in Knox County, Tennessee, zip code 37849. This prime location offers significant potential for a variety of commercial ventures.
Cap rate
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Property description
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