UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 64,033 sqft
Price per Sqft $4
MLS Listing ID 712125
Annual Tax Amount $850
Lot Size 1.470 Acres
Acres 1.47
Lot Dimensions 1.47
Property Sub-Type Unimproved Land
Source Lakeway Area Association of REALTORS®
Property Description
Exceptional opportunity to acquire 1.47 acres of Heavy Industrial (HI) zoned land on high-visibility, heavily trafficked E Morris Blvd in Morristown. This strategically located parcel is ideal for manufacturing, warehousing, distribution, contractor yards, outdoor storage, or other industrial uses.
Key Features:
Zoned HI - Heavy Industrial
1.47 acres with public sewer and utilities available
Excellent visibility and exposure along a major east-west corridor
Strong access to US 11E (Andrew Johnson Highway) and regional transportation routes
Located in Morristown's growing eastern industrial corridor with proximity to the East Industrial Park
Significant public infrastructure improvements are underway in the immediate area, including widening of US 11E and upgrades to E Morris Boulevard, which will further enhance long-term access and support industrial development. An existing billboard on the property offers a small supplemental income opportunity.
Priced competitively at $299,900. This is a strong opportunity to secure already-zoned HI land at an attractive price point in a high-demand East Tennessee market.
This property represents a compelling investment opportunity to develop much-needed flex warehouse and light industrial space as shown in AI generated rendering (subject to local codes and ordinances.) The location and zoning make it well-suited for a multi-tenant trade warehouse concept serving contractors, landscapers, small fleet operators, and other local trades. Contact me to discuss development potential and next steps.
Location
State TN
County Hamblen
Direction E Morris Blvd towards Russellville. Property is on the left past Ryder Truck rental and before Humane Society.
Exterior
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Building
Lot Description City Lot, Irregular Lot, Level, Wooded, Other, See Remarks
Water Public
Others
Senior Community No
Tax ID 026 08900 000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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