Homes for sale - 1950 Knoxville Hwy, Wartburg, TN 37887

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Jared Dragoun

home@marybethandjared.com +1(865) 333-4140

$ 4,260,000

Est. payment | -/mo

24.35 Acres Lot

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$ 4,260,000

Est. payment | -/mo

Save Video Tour

24.35 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1205943

Originating Board East Tennessee REALTORS® MLS

Lot Size 24.350 Acres

Acres 24.35

Lot Dimensions 0x0x0

Property 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 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.

Location

State TN

County Morgan County - 35

Area 24.35

Zoning Zoned Residential, Zoned Agricultural

Exterior

Parking Features RV Parking

Utilities Available Cable TV

View Mountain View

Topography [object Array]

Improvements Fenced, Driveway, Utilities on Site, RV Parking

Road Frontage , Paved

Garage No

Building

Lot Description Pond

Faces Oak Ridge Hwy to Wintergap Rd to Knoxville Hwy, 14 miles, property on right.

Others

Restrictions No

Tax ID 108 013.02 and 108 013.09

Acceptable Financing VA Loan, Cash, Conventional, FHA

Listing Terms VA Loan, Cash, Conventional, FHA

Listed by MR10 Realty

1950 Knoxville Hwy Wartburg, TN 37887