E HWY 25 70 COMMERCIAL DEVELOPMENT LAND & NORRIS FWY LAND
E HWY 25 70 COMMERCIAL DEVELOPMENT LAND & NORRIS FWY LAND
Powell Auction & Realty, LLC | DANDRIDGE, TN 37725
Date(s) :  8/26/2024 - 10/2/2024
Buyer Premium :  10% FEE - BUYERS PAY ONTOP OF BID PRICE


Online Only Auction
WEDNESDAY OCTOBER 2ND AT 12:00 NOON (ET)
Commercial Development Land – E Hwy 25 70 – Dandridge, TN 37725 ONLINE ONLY REAL ESTATE AUCTION 9.2+/- acres of prime development land BIDDING BEGINS TO CLOSE: Wednesday, October 2nd at 12:00PM – Noon (ET) Awesome development opportunity in Jefferson County This 9.2+/- acre tract of land is located at the southeastern corner of I-40 exit 424 Approx. 533’+/- of road frontage on E Hwy 25 70 (per the tax maps) Prime commercial property fronting E Hwy 25 70 and bordering I-40 exit 424 & Hwy 113 Great development site that can be seen from I-40 bridge & overpass and the E Why 25 70 bridge crossing Douglas Lake Subdivide or develop as-is Zoned C-2 | General Commercial Annual Average Daily Traffic (AADT) Counts for Exit 424: westbound exit – 770, westbound entrance – 1879, eastbound exit – 1844, and eastbound entrance – 807 TDOT has approached the current owner about purchasing a portion of the land adjoining I-40 for road improvements. Nothing has been negotiated and it will be the responsibility of the new owner to work with TDOT with this acquisition. No sound timeline has been provided to the current owner. Map of the desired TDOT acquisition is attached for review. Jefferson County Parcel / Tax ID: 060 027.00 Yearly Property Taxes: $3,174.00 – Jefferson County only Lot Size: 9.2+/- acres ------------- 2.2+/- acres – 8214 Norris Freeway – Knoxville, TN 37938 ONLINE ONLY REAL ESTATE AUCTION Potential development opportunity in Knox County BIDDING BEGINS TO CLOSE: Wednesday, October 2nd at 12:00PM – Noon (ET) Located in the Halls Crossroads community of North Knox County This 2.2+/- acre tract of land is a prime location for a small residential development or an estate sized building lot Currently zoned A – Agriculture All utilities are located at the road – water, sewer, electric, and natural gas Level to gently rolling terrain, comprised of mostly cleared land with some wooded areas Convenient location – approx. 20 minutes north of downtown Knoxville PLEASE NOTE: This property was previously purchased in a tax sale. ***WILL PUT INFORMATION ABOUT TITLE INSURANCE AVAILABILITY ONCE WE KNOW SOMETHING FROM THE TITLE COMPANIES*** Knox County Parcel / Tax ID: 028 01702 Yearly Property Taxes: $203.19 – Knox County only Lot Size: 2.2+/- acres