11 Adj. To 2821 Hwy, Strawberry Plains, TN 37871
1.96 Acres of Commercial Land Offered at $1.00 USD in Strawberry Plains, TN 37871
For Sale
Active
Asking Price $1
- Property Type
-
Land
Listing Contacts
- Property Info
Property Overview
RI Marketplace Online Auction August 19-21, 2024
Register to bid and access due diligence on Marketplace
Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±1.96-acre development opportunity located adjacent to 2821 W Highway 11E (the “Property”) in Strawberry Plains, Tennessee. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!
The Property consists of 1.96 acres of vacant land adjacent to Dollar General. The Property is in a robust trade area near a mix of residential and commercial traffic drivers including Rush Strong Elementary, USPS, Nyrstar Quarry and Mines, and numerous local retailers. The Property benefits from highly favorable A-1, Agricultural-Foresty District zoning that allows for a wide variety of uses including service station, restaurant, drug store, personal services, residential, and others. The Property is poised to benefit from its location in a high traffic area with ±18,285 vehicles per day on US Highway 11E and an additional ±4,106 vehicles per day on State Highway 139, just south of the Property.
Situated just east of Knoxville, Strawberry Plains benefits from its strategic location along major transportation routes such as Interstate 40 and U.S. Highway 11E, providing easy access to the greater Knoxville metropolitan area and beyond. The area’s economy is diverse, with key sectors including agriculture, manufacturing, and mining. Additionally, the ongoing residential and commercial developments reflect the area’s growth potential. The Property's location offers excellent real estate fundamentals within a robust area and extremely dense and compelling demographics with a 2023 population of ±68,506 people and average annual household income of ±$72,135 within a 10-mile radius. The area has benefited from population growth of ±11.8% from 2010-2023 and will continue to benefit from a population that is expanding, with ±6.98% growth projected from 2023-2028 (10-mile radius).
John Roebuck
c/o Fisher Auction Company Inc.
License: 1702
TN Broker No. 00022430
Register to bid and access due diligence on Marketplace
Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±1.96-acre development opportunity located adjacent to 2821 W Highway 11E (the “Property”) in Strawberry Plains, Tennessee. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!
The Property consists of 1.96 acres of vacant land adjacent to Dollar General. The Property is in a robust trade area near a mix of residential and commercial traffic drivers including Rush Strong Elementary, USPS, Nyrstar Quarry and Mines, and numerous local retailers. The Property benefits from highly favorable A-1, Agricultural-Foresty District zoning that allows for a wide variety of uses including service station, restaurant, drug store, personal services, residential, and others. The Property is poised to benefit from its location in a high traffic area with ±18,285 vehicles per day on US Highway 11E and an additional ±4,106 vehicles per day on State Highway 139, just south of the Property.
Situated just east of Knoxville, Strawberry Plains benefits from its strategic location along major transportation routes such as Interstate 40 and U.S. Highway 11E, providing easy access to the greater Knoxville metropolitan area and beyond. The area’s economy is diverse, with key sectors including agriculture, manufacturing, and mining. Additionally, the ongoing residential and commercial developments reflect the area’s growth potential. The Property's location offers excellent real estate fundamentals within a robust area and extremely dense and compelling demographics with a 2023 population of ±68,506 people and average annual household income of ±$72,135 within a 10-mile radius. The area has benefited from population growth of ±11.8% from 2010-2023 and will continue to benefit from a population that is expanding, with ±6.98% growth projected from 2023-2028 (10-mile radius).
John Roebuck
c/o Fisher Auction Company Inc.
License: 1702
TN Broker No. 00022430
Property Details
- Property Subtype
- Commercial
Highlights
- AUCTION SITE: https://rimarketplace.com/auction/2000/1-auction-knoxville-msa-1.96-acres-18k-vpd?utm_source=costar
- ±1.96 AC of Land Adjacent to Dollar General in Knoxville, TN MSA | 18,285 VPD Traffic Counts Passing Site on US Highway 11E
- Attractive Demographics with Population of ±68,506 and Annual Household Income of ±$72,135 in Extended Trade Area
- Nearby Traffic Drivers: Rush Strong Elementary, USPS, Nyrstar Quarry and Mines, and Numerous Local Retailers
- Favorable Zoning with Flexible Uses Permitted including Service Station, Restaurant, Drug Store, Personal Services, Residential, and more
- Minutes from Downtown Knoxville and Jefferson City, TN | 11.8% Population Growth from 2010-2023 and Future 6.98% Growth Anticipated (10-mile radius)
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