Please Call For Address, Morristown, TN 37814

$2,500,000
  • Please Call For Address, Morristown, TN 37814 Main Photo

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Featured Listing Active
MLS#711362
STATUSActive PROPERTY TYPECommercial -

Property Description

Beautiful +/-23-acre development opportunity in a prime location adjoining theprestigious Lochmere community. These three adjoining tracts are being sold together as one exceptional investment parcel with unlimited potential.Currently zoned R-3 High Density Residential and approved as a Planned Unit Development(PUD). The property offers tremendous flexibility for residential development. Existing approved site plans include: Duplex buildings lining the street frontage Condo-style buildings facing Lochmere with architectural elevations and floor planscompleted A proposed 3-story apartment building approved for 40 townhomes An additional ''Future Development'' section allowing for expanded possibilities.The original PUD approval included a minimum of 242 residential units, with additional density potential in the future development area, and notably did not establish a maximum unit cap.This highly desirable location combines convenience, natural beauty, and proximity to one of the area's most sought-after residential communities, making it ideal for apartments, condominiums, townhomes, or mixed residential concepts.Buyer and agent to confirm all information to their satisfaction. All information per CRS.

| MLS# 711362

This commercial property located at , Morristown, TN 37814 is currently listed for sale by Crye-Leike Lakeway Real Estate, with an asking price of $2,500,000. Search Morristown real estate on cnorton.easttnliving.net today.

Property Features

Property Type: Commercial -

Feature Descriptions

Days on Site: 17
Lot: Irregular Lot
Road Access: County Road
Utilities: Cable Available, Water Available, Electricity Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: Crye-Leike Lakeway Real Estate

agent picture

Shown By

Agent Name: Corbin Norton
Agent Phone: (423) 748-0503

Source: Lakeway MLS

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