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1600 W Morris Blvd

24 Acres of Commercial Land Offered at $14,400,000 in Morristown, TN 37813

Investment Highlights

  • Heavy all-day traffic, crossroad access, multiple entry locations from 2 traffic lights. All public utilities. Pad ready to sell or lease.

Executive Summary

This property can be divided to suit your needs in as little as a 1 acre tract or open to other proposals including build to suit. All public utilities available. Depending on location on the property, the price is +\-$600,000 per acre.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per AC
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $14,400,000
Sale Type Owner User
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
  • Build to Suit
  • Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Bank
  • Convenience Store
  • Department Store
  • Drugstore
  • General Freestanding
  • Healthcare
  • Health Club
  • Lodge or Meeting Hall
  • Medical
  • Retail Warehouse
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
Total Lot Size 24.00 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $14,400,000
Price Per AC $600,000
Lot Size 24.00 AC

Large, level property in the heart of Morristown.The property is available for sale or lease in lots ranging from 1 acre to the whole tract. Seller can divide this property to meet your needs and is open to a build to suit proposal as well.

Description

Property has been taken to finish grade with all public utilities available. Existing on one lot is a car wash. The property can be subdivided as per the attached site plan, or in different sizes as needed.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
041C-C-004.00
Land Assessment
$227,280
Improvements Assessment
$3,280
Total Assessment
$230,560

zoning

Zoning Code C09 (Zoned for light commercial/industrial uses as well as retail or medical/office applications. We can work with any buyer or tenant to meet your zoning.)
C09 (Zoned for light commercial/industrial uses as well as retail or medical/office applications. We can work with any buyer or tenant to meet your zoning.)
  • Listing ID: 34314803

  • Date on Market: 12/29/2024

  • Last Updated:

  • Address: 1600 W Morris Blvd, Morristown, TN 37813

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