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724 N Watt Rd - 724 N. Watt Rd @Exit 369 I-40/I-75

9.94 Acres of Commercial Land Offered NEGOTIABLE  in Knoxville, TN

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9.94 Acres Commercial Land TaxID# 141-068: Developments

ABOUT 724 N WATT RD , KNOXVILLE, TN 37934

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  • Price:   NEGOTIABLE

  • Property Subtype:  Commercial

  • Sale Type:  Investment or Owner User

  • Proposed Use: Commercial

  • Sale Conditions: Lease Option

  • Total Lot Size: 9.94 AC

  • No. Lots: 1

  • Opportunity Zone: No

  • Property Type: Land

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  • Listing ID: 12053335

  • Date Created: 3/26/2018

  • Last Updated: 8/7/2020

Family Viewing House
9.94 Acres Commercial Land TaxID# 141-068: Text

1 LOT AVAILABLE

Lot 1
Price: NEGOTIABLE
Lot Size: 9.94 AC
Undeveloped land in Knox County(CB), not in Farragut, south side of I-40/I-75 Interchange #369 Watt Road (about 100,000 AVPD) Ample Road Frontage, behind (up the hill from) Petro Truck Stop, utilities available, 5 mi to Turkey Creek, some easements.

Modern Kitchen
9.94 Acres Commercial Land TaxID# 141-068: Text

DESCRIPTION

DESCRIPTION

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A few hundred yards south of Interstate I40/I75 at Watt Road Interchange #369. Good for Warehouse, Storage Units, Convenience store/ Gas Station, small strip center, small motel. Unleveraged and undeveloped. Motivated seller. One decision maker. Traffic Counts: Interstate Exit#369 has about 100,000 AVPD, Watt Road has about 12,000 AVPD

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INVESTMENT HIGHLIGHTS

  • Busy road, approx 12,000 traffic count, short distance from Interstate 100,000+ traffic count, Not in Farragut, Knox County

Family Viewing House
9.94 Acres Commercial Land TaxID# 141-068: Text

ATTACHMENTS

Survey 9.9 acre Parcel Watt Road   Hatmaker

9.9 Acre Flyer

9.94 Acres Commercial Land TaxID# 141-068: Files

EXECUTIVE SUMMARY

Exit #369 I-40/I-75 Watt Road Vacant Land (Hubbs Land Management LLC) in West Knox County (not in Farragut) south of I-40 I-75 behind (up the hill from) Petro Truck Stop, so utilities available. 3 acres easy to develop, easy Watt road access, wooded. Family owned since 1930s (farm). Exit is one mile ease of I-40 I-75 Highway split. Busiest truck stop interchange in USA, About 100,000 AVPD at exit, about 12,000 AVPD on Watt Road.
Price is negotiable. Owner financing possible for the right buyer. One decision maker. No liens or encumbrances.
West Knoxville, TN. Great demographics, just on north side of Farragut, a thriving community with many rooftops (need a place for out of town guests to stay). 1 mile east of where I-40 and I-75 join up and head east towards Knoxville. Strategically advantaged for motels/businesses like yours.
Build a new construction? There are zero lodging options at this busy interchange. Next interchange towards Knoxville has many motels, 5 miles away, but there are none at our interchange. This is the first interchange going east on I-75 as it turns towards Knoxville.
We are the landowners….looking for an existing Franchisee or developer in the Knoxville area who would like to partner with us on a site we own that is lien free, no known environmental or drainage concerns, immediately available.

Family Viewing House
9.94 Acres Commercial Land TaxID# 141-068: Text

TRANSPORTATION

AIRPORT

McGhee Tyson Airport

30 min drive20.7 mi

PROPERTY TAXES

Parcel Number141-068Improvements Assessment$0 (2019)

Land Assessment$0 (2019)Total Assessment$49,700 (2019)

ZONING

Zoning CodeCB per KGIS (General business use: retail, wholesale, warehouse and manufacturing.)

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The Land Property at 724 N Watt Rd, Knoxville, TN 37934 is currently available for sale. Contact Baker Realty Company for more information.

NEARBY LISTINGS

Modern Kitchen
9.94 Acres Commercial Land TaxID# 141-068: Text
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