1-acre development site on Thompson Creek Rd in an established Morristown multifamily area with convenient access to US 25 and nearby retail. The site is positioned near Walters State Community College, with approximately 3,500 students within a 10-minute bicycle ride. A preliminary 20-unit concept includes a mix of 1, 2 and 3-bedroom apartments, with projected annual gross revenue of approximately $318,960. Walmart Supercenter is approximately 3 minutes away. Parcel 034 020.00. Asking $500,000.
Listed By
Agency Name: MRG Realty Partners
Agency Phone: 6519004386
Shown By
Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660
Estimated Payment
$ 3,479.61 per month $3,310.77 Principal & Interest $11.33 Property Tax $157.50 Homeowner's Insurance
0 Thompson Creek Rd | MLS# 3612257
This land located at 0 Thompson Creek Rd, Morristown, TN 37813 is currently listed for sale with an asking price of $540,000. The property has approximately 1.00 Acres. Search Morristown real estate on www.franklinrealty.com today.