9109 Chapman Hwy, Knoxville, TN 37920
Commercial property for lease
- Description
- Approximate 13.9 acres with county PR zoning. Once approved for 95 town homes, with prior approved plans, permits and surveys. Owners forego-ed development due to health issued. *County PR zoning allows up to 24 units per acre based on the following language: The appropriate development density of each project shall be determined by the planning commission but shall not exceed twenty-four (24) dwelling units per acre excluding areas set aside for churches, schools, or commercial uses. Docs on file: KUB Utility Ext. Agreement, TDEC Wastewater Agreement, Prior MPC recommendation for development, Prior TDOT approval for turning lane, traffic studies, 2009 Appraisal @ $1.46M, 95 unit site plan, Highway improvement plan, drainage and retention plan, water service plan and topo. This is an amazing opportunity for development, with much of the preliminary work being done at a cost of approximately $150,000.00. Building price details: $850,000.
- Contact info
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Michael MooreNAI Koella | RM MooreSpike McCamyNAI Koella | RM Moore
- Note
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- Property Details
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Property Type: Land Status: Available Price: $ 61,107 +/Acre Lot Size: 13.910 Acres Submarket: Multi-Family, Residential (Single Family), Other MSA: Knoxville Zoning: PLANNED RESIDENTIAL-PR Terms: Cash to Seller Added: 12/19/2012 Last Update: 02/23/2018