00 West Andrew Johnson Highway, Greeneville, TN 37743

$1,600,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,600,000
MLS#
9975373
Status
ACTIVE
Type
Land
City
Greeneville
County
Greene

Property 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. 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.

Additional Information

Acres
54.96
Lot Dimensions
56
Subdivision
Not In Subdivision
View
Pond, Mountain(s), Pasture
Zoning
B4
Water
Public
Sewer
At Road, Septic Tank

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Agent: Skyler Cantrell | skylercantrell22@gmail.com

Office: Clinch Mountain Realty & Auction Co. | 865-993-5263