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525 Kingwood St
Kingston, TN 37763
525 Kingwood Street (Vacant Land) · Land For Sale · 3.81 AC

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INVESTMENT HIGHLIGHTS

  • Located just 1/8 of a mile off Interstate 40 Exit 352, this property offers prime accessibility, with Knoxville 35 miles to the East.
  • Previously approved for a Hampton Inn, the property's proximity to Watts Barr Lake, retail, restaurants, makes it an ideal investment opportunity.
  • Boasting nearly 4 acres of land, the site is strategically positioned for various opportunities.

EXECUTIVE SUMMARY

1/8 of a mile off of Exit 352 on Interstate 40. Knoxville 35 miles East. Oak Ridge 20 miles and the I-75/I-40 exchange 25 miles
Sewer Main in front on Old Kentucky Blvd and another running along the side of the property to the PUD community in the rear.
Watts Barr Lake within minutes

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Auto Dealership
  • Auto Repair
  • Carwash
  • Contractor Storage Yard
  • Daycare Center
  • Distribution
  • Fast Food
  • Hold For Development
  • Medical
  • Motel
  • Restaurant
  • Self Storage
  • Veterinarian or Kennel
Total Lot Size 3.81 AC
Zoning C - Commercial can be rezoned residential

1 LOT AVAILABLE

Lot

Price $800,000
Price Per AC $209,973.75
Lot Size 3.81 AC

3.81 acres 0.03 miles off Exit 352 on Interstate 40 Easy access on and off the interstate This commercial property boasts an ideal location for multi use development. Whether you're considering a hotel, gas station, or other commercial ventures,

DESCRIPTION

This commercial property boasts an ideal location for multi use development. Whether you're considering a hotel, gas station, or other commercial ventures, this site offers exceptional potential. The property was previously approved for a Hampton Inn, hightlightin its suitability for hospitality development Key Features:Prime Location - immediate proximity to interstate 40 ensures high visibility and traffic Development potential:Suitable for a variety of commercial uses including hotels, gas stations, restaurants, and more Infrastructure:Existing infrastructure supports swift development and operational setup Investment Highlights:High Traffic Areas benefit from the constant flow of interstate travelers and commuters.  Versatile Development Options:Flexibility to tailor the property to various commercial needs Proven Visibility:Prior approval for a Hampton Inn demonstrates strong feasibility for hotel development

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
047N-C-011.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$221,950
  • Listing ID: 27015720

  • Date on Market: 11/1/2022

  • Last Updated:

  • Address: 525 Kingwood St, Kingston, TN 37763

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