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Listed by David Gothard • NAI Koella | RM Moore
$ 3,200,000
Est. payment | /mo
100.4 Acres Lot
$ 3,200,000
Est. payment | /mo
100.4 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3548479
HOA Y/N No
Lot Size 100.400 Acres
Acres 100.4
Property Description
This beautiful land property consists of about 100.4 acres, located 1.5 miles North of I-40 (Exit 407) and East of Snyder Road, spanning 4 adjacent lots in Sevier County and Jefferson County. The property, more or less unimproved, has approximately 530 feet of Snyder Road frontage. The property includes partially a +/- 3.5-acre creek fed pond with flat, rolling, and mountainous 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. The Federal Tax Cuts and Jobs Act of 2017 established opportunity zones. The Sevier County tract is located in one of the county's two designated Opportunity Zones. The opportunity zone overlay can be seen on the listing website's interactive map. The nearby market area has shown a considerable increase of investment activities, including multi-family 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.
Location
State TN
County Sevier County
Zoning A-1
Interior
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Lot Description Level, Rolling Slope, Wooded
Sewer None
Water Public
Others
Senior Community false
Special Listing Condition Standard
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