Thompson Creek Rd, Morristown, TN 37813

$540,000
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List Price
$540,000
Price Change
▲ $40,000 1791418811
MLS#
3612257
Status
ACTIVE
Type
Land
City
Morristown
County
Hamblen
Lot Size
43,560
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(865) 280-2569

Property Description

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.

(865) 280-2569
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Additional Information

Acres
1
Subdivision
Universal at Thompson Creek
Topography
Cleared
Zoning
R2
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Agent: Tony Puglisi | tony@mrgrealtypartners.com

Office: MRG Realty Partners | 6519004386

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