This beautiful land property consists of 204.25 acres, located 1.5 miles north of I-40 (Exit 407) and east of Snyder Road, spanning 8 adjacent lots in Sevier County and Jefferson County.
The property, more or less unimproved, has Snyder Road frontage on three stretches totaling over 1,900 feet.
The property includes a pond and a creek in the center and has a rolling topography.
All individual lots, both in Sevier County and Jefferson County, are currently zoned A-1, Agriculture and Forestry. In Sevier County this allows for residential development, including cabin resort development. Multi-family and commercial development will require rezoning and possibly extension of sewer to the property.
The lots in Sevier County are located in one of the county's two Opportunity Zones, which offers attractive tax opportunities for qualified investors.
The nearby market area has shown a considerable increase of investment activities, including multifamily housing developments and major land acquisitions.
Utility water is available on Snyder Road. Utility sewer is not available at this location.
The property is entirely outside the FEMA flood zone.
The Map and Parcel numbers for the 8 tracts are as follows: Map 005, Parcels 021.00, 025.00, 026.00, 027.02, and 074.45 as well as Map 072, Parcels 005.00, 007.00, and 009.00.
August Timisela
NAI Koella | RM Moore, Inc.
