1145 Midtown Commons Way
Knoxville, TN 37931

$2,160,000 USD

Land For Sale • 4.94 AC

Property Details

Property Type Land
Lot Size 4.94 AC
Zoning OB

0 Transit Score

44 Walk Score

Description

This 4.94 acres of land is located on  a State of Tennessee divided four lane highway with median. The property is 1,000 feet from a major Kroger grocery store and close to the intersection of Cedar Bluff Road and Middlebrook Highway. This is highly desirable site that is located at the heart of the geographic center of the City of Knoxville.

                
                    Highlights
                
                                Middlebrook Commons is a 5-acre development site with plans, environmental, and engineering in place for residential development.  
                            
                                Strong demographics with projected 5-year population growth of 3.5% and median household income of $85,000 in a one-mile radius.
                            
                                Raw and rolling land, zoned OB and already approved for 120 total apartment units on the site.
                            
                                Utilities to site, along Middlebrook Pike in front of the property.
                            
                                Located on a four-lane highway and within 1,000 feet of a major grocery chain. 
                            
                                Situated approximately 20 minutes west of Downtown Knoxville via I-40 and Middlebrook Pike.