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2219 E Morris Blvd

0.5 Acres of Commercial Land Offered at $650,000 in Morristown, TN 37813

Investment Highlights

  • Heavy retail traffic
  • Level lot
  • Excellent visibility
  • Pad ready

Executive Summary

Morristown is located in between Bristol and Knoxville, making it accessible to tens of thousands of people in the surrounding areas. The town is experiencing rapid growth, gaining 500 new jobs every year for the past 5 years, making it an attractive destination for both businesses and residents seeking convenience and accessibility. This site is in a substantial retail corridor with national brands and nearby rooftops and employers. Pad ready site is along the main arterial with excellent visibility and frontange.
https://www.wbir.com/article/money/business/new-development-booming-in-morristown-as-city-continues-to-grow/51-6162d2bf-0a58-4827-a4e7-38778ca37f41
91.5’ frontange x 200’
More than 20K CPD on E Morris Blvd.
Nearby: Arby's, Ashley Furniture, Verizon, Dunkin, WalMart, Olive Garden, Staples, Planet Fitness, Ulta, Dicks Sporting Goods, AMC theatre, Nearby Longhorn, Verizon, Arby's, Olive Garden,Walters State Community College, Walmart and College Square Mall
Flat, grade level, 2 points of access.
Adjacent to a brand new Arby's and is ideally suited for a carwash, bank, oil change, automotive, or QSR.
The site could be assembled with the adjacent .77 acres to the west with additional 209 feet of frontage.

Property Facts

Price $650,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 0.50 AC

1 Lot Available

Lot

Price $650,000
Price Per AC $1,300,000
Lot Size 0.50 AC

Level with 2 points of access, high visibility, and adjacent to new Arby's. Ideally suited for car wash, bank, oil change, automotive, or QSR. Possible assemblage with adjacent .77 acres for 1.27 total acres.

Description

Grade level with 2 points of access, incredible visibility, and adjacent to QSR, full service restaurants, and ideally suited for carwash, bank, oil change, automotive, or QSR. Can be subdivided, or built to suit.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 034F-G-010.00
  • 034F-G-010.02
Land Assessment
$385,520
Improvements Assessment
$213,520
Total Assessment
$599,040

zoning

Zoning Code C-2 (Commercial)
C-2 (Commercial)
  • Listing ID: 28448411

  • Date on Market: 5/10/2023

  • Last Updated:

  • Address: 2219 E Morris Blvd, Morristown, TN 37813

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