Vacantland ()

Tbd West Andrew Johnson Hwy, Greeneville, TN 37743

FOR SALE

Price: $1,500,000 List Date: 2024-05-17 DOM: 119
City Tax: $889 County Tax: $854

Lot Size: 54.96 acre(s) Lot Dimensions: 54.96 Land Type: Commercial, Farm, Hunt Other Features: Fencing - Partial, Pasture Permitted: See Remarks

Water & Sewage: PublicUtilities Available: Electricity Available

Description

Here is your chance to own a cornerstone farm in the highly sought after Greene County. Almost 55 acres that showcases everything that East Tennessee has to offer. For starters this property would be an excellent candidate for development. When talking about development there is one thing a property cant be short on and that is road frontage. This property has frontage on 3 of its 4 sides. It has close to 1,000ft of road frontage on 11E, over 1,300ft of frontage on Hal Henard Rd, and 544ft of frontage on Old Knoxville Hwy. City water is already located at the property and has been approved for city sewer for a development project. The farm is also located in an opportunity zone in Greeneville which makes this property an even more lucrative investment. If that is not enough this property is also zoned B4 which means any sort of business or residential dwellings is allowed . The gentle roll of this farm makes virtually all 55 acres buildable with breathtaking views making it a prime candidate for multiple dwellings. This farm truly is a needle in a haystack for land investors and developers alike. Priced under 14,500 an acre you simply cant go wrong. If you are planning to buy and hold this farm also carries a ''Greenbelt'' tax designation which will transfer with the sale of the property to its next owners.If you don't consider yourself to be a real estate developer and are simply looking for your next place to land here in East Tennessee then this property also has something for you. Currently situated on the front of the property is an old farm house that was originally built in 1900 and with a small amount of work could be brought back to life and a perfect home for families of all sizes. This family farm has been a staple for all residents in the area and with a little sweat equity could be brought back to working order. With 2 large barns, pond, equipment storage this be a prime spot for your next agriculture venture.