$1,500,000 $7,161 est/mo Sourced by Back At You

1820 Old Knoxville Road,Tazewell, TN 37879

Tazewell TN, 37879

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Description

Exceptional investment opportunity in Tazewell, TN. This 75-acre property is ideally situated just 15 minutes from Lincoln Memorial University and directly across from Claiborne Medical Center, making it a prime location for rental development catering to student housing and the medical community. The substantial demand for rental properties in this area, particularly among doctors and nurses seeking convenient housing, presents a promising opportunity for profitability. The current owner's offer of seller financing further enhances this investment opportunity, providing a flexible and attractive option for potential buyers. This strategic positioning behind city-owned offices, right off the main street, makes this property an enticing prospect for investors.

Details

MLS#9967808
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site20
Listing Provided BySVN, Wood Properties | Kevin Tipton
Buying Commision3.00%

Features

ZoningR-2
Acreage75.00

Market Activity 37879

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

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Learn More About This Property

StateTN
CountyClairborne
CityTazewell
Zip Code37879
Area499 Out Of Area
Subarea499 Out Of Area
Community NameNot In Subdivision
School DistrictClaiborne
Elementary SchoolN Tazewell
Middle SchoolSoldiers Memorial
High SchoolClaiborne
Listing VS Median (in Not In Subdivision)
Price:
$1,500,000
low | high
Med:
$285,000
100% of Average
On Site:
20
low | high
Med:
22.5
88.888888888889% of Average
Sourced by Back At You
Listing Updated: June 27, 2024 at 10:25:00 AM PDT
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