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Thompson Creek Rd, Morristown, TN 37813

$500,000
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List Price
$500,000
Price Change
▼ $40,000 1791857624
MLS#
3612257
Days on Market
11
Property Type
Land
Lot Size
43,560
Acres
1
County
Hamblen
Status
ACTIVE
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+16159927987

Property Description

1-acre development site on Thompson Creek Rd in an established Morristown multifamily area with convenient access to US 25 and nearby retail. The site is positioned near Walters State Community College, with approximately 3,500 students within a 10-minute bicycle ride. A preliminary 20-unit concept includes a mix of 1, 2 and 3-bedroom apartments, with projected annual gross revenue of approximately $318,960. Walmart Supercenter is approximately 3 minutes away. Parcel 034 020.00. Asking $500,000.

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Additional Information

Elementary School
John Hay Elementary
High School
Morristown East High
Subdivision
Universal At Thompson Creek
Zoning
R2
Type
Land
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Listing courtesy of MRG Realty Partners.

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