896 University St 55 Acres of Commercial Land Offered at $1,688,500 in Martin, TN 38237

EXECUTIVE SUMMARY

55 +/- Acres of land (2 - 55 AC Available)
Parcels 1 + 2: $517,000.00
Parcels 6 + 7: $1,117,150.00
Located along Martin's main east-west commercial artery and centrally located within the city's most recent development
Property lays mostly flat to gently rolling
Property is zoned P-B (Planned Business District) and R-1 (Low Density Residential District)
Less than a mile from University of Tennessee - Martin (enrollment around 6,700 Students)
Development opportunity to become main retail center servicing the University's students, faculty and staff (Possibility for anchor/shopping center and frontage out parcels)

ATTACHMENTS

Traffic Counts

PROPERTY FACTS

Price $1,688,500
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 55.00 AC
Zoning 00010 - P-B

1 LOT AVAILABLE

Lot

Price $1,688,500
Price Per AC $30,700.00
Lot Size 55.00 AC

55 +/- Acres of land Located along Martin's main east-west commercial artery and centrally located within the city's most recent development Property lays mostly flat to gently rolling Property is zoned P-B (Planned Business District) and R-1 (Low De

DESCRIPTION

55 +/- Acres of land Located along Martin's main east-west commercial artery and centrally located within the city's most recent development Property lays mostly flat to gently rolling Property is zoned P-B (Planned Business District) and R-1 (Low Density Residential District) Less than a mile from University of Tennessee - Martin (enrollment around 6,700 Students) Development opportunity to become main retail center servicing the University's students, faculty and staff (Possibility for anchor/shopping center and frontage out parcels)

  • Listing ID: 28892116

  • Date on Market: 6/30/2023

  • Last Updated:

  • Address: 896 University St, Martin, TN 38237