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1950 Knoxville Hwy

Wartburg, TN 37887
  • $4,260,000
  • STATUS: Active
  • ON SITE: 758 Days
  • ID#: 1205943
UPDATED: 57 min ago
$4,260,000
  • 0
    BEDS
  • 24.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

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.

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© 2024 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Silver Key Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Silver Key Realty. Data last updated: 2024-10-13T09:52:09.567.
www.findtennesseehomes.com/homes/133102773
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1950 Knoxville Hwy Wartburg, TN 37887

  • Price: $4,260,000
  • Status: Active
  • On Site: 758 Days
  • Updated: 57 min ago
  • ID#: 1205943
0
Beds
0
Baths
0
½ Baths
24.35
Acres
County:
Morgan
Area:
Wartburg
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.
Exterior Features

Attached Garage YN No Parking Features RV Access/Parking

Interior Features

Basement []

Property Features

Association Amenities [] Auction YN No Community Features [] Fenced Yes Fenced Partial Yes Frontage Type [] Level Lot Yes Lot Features Pond New Financing Cash Yes New Financing Conventional Yes New Financing FHA Yes New Financing VALoan Yes Pond Lot Yes Present Structures Barn Yes Property Status N/A Property Sub Type Commercial Yes Property Sub Type Farm Yes Property Sub Type Industrial Yes Restrictions No Road Frontage Paved Yes RVParking Yes Security Features [] Topography Level Yes View Mountain View

Listing information © 2024 East Tennessee REALTORS®.
Listing provided courtesy of MR10 Realty: 865-737-4567.


© 2024 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Silver Key Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Silver Key Realty. Data last updated: 2024-10-13T09:52:09.567.
 
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801 Decatur Pike
Athens TN, 37303