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1490 Collinson Ford Rd 58.9 Acres of Residential Land Offered at $1,178,000 in Morristown, TN 37814

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INVESTMENT HIGHLIGHTS

Great Location

EXECUTIVE SUMMARY

58.9 Acres – Prime Development Opportunity
Located on Collinson Ford Rd., this 58.9-acre property is zoned R-1, making it ideal for farming or subdivision development. Featuring frontage on both Collinson Ford and Wooddale Rd., this land offers excellent accessibility. Priced at $20,000 per acre. Don’t miss this investment opportunity!

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER AC
Taxes	$384	$6.52
Operating Expenses	-	-
Total Expenses	$384	$6.52

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual	$384
Annual Per AC	$6.52

Operating Expenses
Annual	-
Annual Per AC	-

Total Expenses
Annual	$384
Annual Per AC	$6.52

PROPERTY FACTS Under Contract

Price	$1,178,000	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
Sale Condition	Redevelopment Project	Proposed Use	Cemetery or Mausoleum Daycare Center Schools Single Family Residence
No. Lots	1	Total Lot Size	58.90 AC
Zoning	R-1 - Residential Zone (R-1) allows the following uses: Single family residences, duplexes, double wide mobile homes, day cares, schools, and churches.

Price	$1,178,000
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Cemetery or Mausoleum Daycare Center Schools Single Family Residence
Total Lot Size	58.90 AC
Zoning	R-1 - Residential Zone (R-1) allows the following uses: Single family residences, duplexes, double wide mobile homes, day cares, schools, and churches.

1 LOT AVAILABLE

Lot

Price	$1,178,000	Lot Size	58.90 AC
Price Per AC	$20,000.00

Price	$1,178,000
Price Per AC	$20,000.00
Lot Size	58.90 AC

Residential Zone (R-1) allows the following uses: Single family residences, duplexes, double wide mobile homes (see Subdivision Covenants), day cares, schools, and churches (with cemetery). Setbacks: Front: 30 ft., Sides/Rear: 12 ft. Pools: 7 ft.

DESCRIPTION

58.9 acres on Collinson Ford Rd., zoned R-1—perfect for farming or subdivision development. Features frontage on both Collinson Ford and Wooddale Rd. Priced at $20,000 per acre.

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