1950 Knoxville Highway

1950 Knoxville Highway

Wartburg, TN 37887

$4,260,000
Price
1,060,686 / 24.35
Lot Size / Acres

Virtual Tour

Virtual Tour

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Description

Located in the picturesque area of Wartburg, TN, and strategically situated right off HWY 62, this 25-acre parcel of prime land presents an exceptional opportunity for savvy developers and investors. The land, boasting vast expanses of developable terrain, is perfectly poised for a variety of commercial ventures, including a hotel, restaurant, grocery store, or mixed-use development. Given its proximity to major tourist attractions such as the Brushy Mountain State Penitentiary and Frozen Head State...Located in the picturesque area of Wartburg, TN, and strategically situated right off HWY 62, this 25-acre parcel of prime land presents an exceptional opportunity for savvy developers and investors. The land, boasting vast expanses of developable terrain, is perfectly poised for a variety of commercial ventures, including a hotel, restaurant, grocery store, or mixed-use development. Given its proximity to major tourist attractions such as the Brushy Mountain State Penitentiary and Frozen Head State Park, the location is a magnet for both local and visiting patrons. This unique blend of natural beauty and historical significance ensures a steady stream of visitors year-round, offering an ideal backdrop for a thriving business hub. The property's easy access to major transportation routes, combined with the allure of surrounding natural landscapes and attractions, makes it a highly desirable spot for development projects aimed at tapping into the tourism and retail markets. Whether looking to build a boutique hotel that caters to adventure-seekers and history buffs, a restaurant that serves as a culinary gateway to the region, or a retail complex that meets the needs of locals and tourists alike, this land offers the flexibility and location to make those visions a reality. In essence, this 25-acre plot is not just land; it's a blank canvas for creating a landmark destination in Wartburg, TN. Its potential for generating significant returns on investment through a well-conceived development project is immense. For investors and developers with a vision to blend commerce with the captivating charm of Tennessee's landscapes and historical sites, this opportunity is unparalleled.
  1. Listed by Martha Riordan • MR10 Realty
  2. Listed by Michael Riordan • MR10 Realty

Property Details for 1950 Knoxville Highway

Zoning Description
None, Zoned Residential, Zoned Agricultural
View
Mountain View
Zoning Zoned Agricultural
True
Zoning Zoned Residential
True

Location

Listing Courtesy of MR10 Realty, Martha Riordan; MR10 Realty, Michael Riordan (865.737.4567)
Add your commute
LISTING UPDATED: 03/19/2024 01:51 PM

Property Details for 1950 Knoxville Highway

StatusActive
MLS #1205943
Days on Market595
Taxes$1,101 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage
Year Built-
Lot Size24.35 AC
CountyMorgan County

Location

Listing Courtesy of MR10 Realty, Martha Riordan; MR10 Realty, Michael Riordan (865.737.4567)
Add your commute

Virtual Tour

Building Information for 1950 Knoxville Highway

Lot Size24.35 AC

Payment Calculator

$23,340 per month

30 year fixed, 7.25% Interest

Principal and Interest

$23,249

Property Taxes

$92

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1950 Knoxville Highway

Summary
Location and General Information
  • City: Wartburg
  • County Or Parish: Morgan County - 35
  • Directions: Oak Ridge Hwy to Wintergap Rd to Knoxville Hwy, 14 miles, property on right.
  • Latitude: 36.094764
  • Longitude: -84.551918
  • MLS Area Major: Morgan County - 35
  • MLS Area Minor: Morgan County - 35
  • Postal Code: 37887
  • State Or Province: TN
  • Topography: Partially Cleared,Level
  • Road Access Public Road: True
  • Road Frontage Paved: True
  • View Mountain View: True
  • Location Tax Legal Info Community: Wartburg
  • Location Tax Legal Info Area: Morgan County - 35
  • Remarks Misc Directions: Oak Ridge Hwy to Wintergap Rd to Knoxville Hwy, 14 miles, property on right.
  • Topography Level: True
  • Topography Partially Cleared: True
Parking
  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • Improvements Driveway: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 108 013.02 and 108 013.09
  • Location Tax Legal Info Total Tax: 1100.52
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 24.35
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1060686.0
  • Lot Features: Pond
  • Lot Size Acres: 24.35
  • Lot Size Source: Tax Records
  • Lot Size Dimensions: 0x0x0
  • General Property Description Lot Dimensions: 0x0x0
  • General Property Description Acres: 24.35
  • General Property Description Acre Source: Tax Records
  • Lot Description Level: True
  • Lot Description Pond: True
Property and Assessments
  • Possession: At Closing
  • Sign On Property: No
  • Property Type Label: Lots & Acreage
  • Floor Plans Count: 0
  • Property Type: D
  • Easements Agricultural Rights: True
  • Easements Mineral Rights Available: True
  • Documents on File None: True
  • Developmnt Potential Commercial: True
  • Developmnt Potential Farm: True
  • Developmnt Potential Industrial: True
  • Developmnt Potential Retail: True
  • Possession At Closing: True
  • Undeveloped Fenced - Partial: True
Utilities
  • Improvements Utilities on Site: True
  • Utilities Available Cable TV: True
  • Utilities Available Electricity: True
  • Utilities Available Gas: True
  • Utilities Available Telephone: True
  • Utilities Available Water: True
Interior and Exterior Features
Exterior Features
  • Improvements Fenced: True
Interior Features
  • Bathrooms Total Integer: 0
Rental
Rent Information
  • General Property Description Restrictions: No

Property History for 1950 Knoxville Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1950 Knoxville Highway

Taxable ValueLand$22,500Additions-Total$22,500
Tax Record2022$612 ($51 / month)
Home Facts
Beds0Lot Size271,814 SqFtStyleResidentialCountyMORGANAPN065108 01309

Schools near 1950 Knoxville Highway

This home is within Morgan County School District.
Rating
School
Type
Grades
Distance
Central Elementary School
Public - PK to 5
Petros Joyner Elementary School
Public - PK to 8
Central Middle School
Public - 6 to 8
Central High School
Public - 9 to 12
Rating
School
Distance
Central Elementary School
PublicPK to 5

Petros Joyner Elementary School
PublicPK to 8

Central Middle School
Public6 to 8

Central High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1950 Knoxville Highway, Wartburg, TN 37887

1950 Knoxville Highway is a 24.35 ac of land for sale in Wartburg, TN 37887. This property was listed for sale on September 15, 2022 by MR10 Realty, it's currently listed at $4,260,000. It has been on the market for a total of 595 days and was last sold on October 28, 2010. This listing's school district is Morgan County School District. Nearby schools include Central Elementary School, Petros Joyner Elementary School and Central Middle School. 1950 Knoxville Highway is a 0-bed, 0-bath, 24.35 ac of land on a 1,060,686 sq. ft. / 24.35 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MR10 Realty, Martha Riordan; MR10 Realty, Michael Riordan (865.737.4567)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 03/19/2024 01:51 PM