Erwin 7 Acres at New Food City

Vacant Land for Sale
Catylist Listing ID: 30463095
Property Subtypes: Office, Retail, Other
Gross Land Area: 7.45 Acres
Sale Price: $615,000
Unit Price: $82,550 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/23/2019

Overview / Comments

Ready for Development! Large level 7.45 +/- acre site immediately off I-26, Exit 37 in Erwin, TN. This land sits immediately behind/alongside new Food City with Pals, Bojangles and Taco Bell in immediate vicinity. Very convenient location for a strip center developer, hospitality, office or any other business that seeks to locate in this rapidly expanding area of Erwin. Also suited to industrial type user given it's interstate access. Property also sits across from Erwin's popular linear trail, a picturesque paved greenway. See attached site plan for more property details. This is a great price and a good piece of land with all the utilities in place!

Additional Details

Nearest MSA: Johnson City
County: Unicoi
Tax ID/APN: 086023K A 00202

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,443 11,897 13,869
Median Age: 43.7 44.94 44.7
Households: 1,063 5,014 5,819
The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.