Excellent Residential Development Tract in Clinton – 85 Acres

Excellent Residential Development Tract in Clinton – 85 Acres Excellent Residential Development Tract in Clinton – 85 Acres Excellent Residential Development Tract in Clinton – 85 Acres Excellent Residential Development Tract in Clinton – 85 Acres Excellent Residential Development Tract in Clinton – 85 Acres
Listing status: Active
Price: $2,200,000

Excellent Residential Development Tract in Clinton – 85 Acres

0 Lake City Highway, Clinton, TN 37716

PROPERTY DESCRIPTION

This gorgeous property features approximately 85 acres and sits just a mile from downtown Clinton and is a short drive to I-75. There is more than 600′ of frontage on Lake City Highway and more than 800′ on Longmire Road. Approximately 10 acres is cleared. The property offers views of the Cumberland Mountains and currently has a two-mile walking trail.

The property is ideal for a single-family development or a variety of senior living and/or assisted living options (see concept plans in documents). The senior living opportunity is a high-need, high-margin business opportunity (see Senior Housing Market Analysis in documents), just 20 minutes from downtown Knoxville, University of Tennessee Medical Center, Tennova North Hospital, Fort Sanders Regional Medical Center and East Tennessee Children’s Hospital. Additional opportunities include, with zoning approval, assisted living, rehab center and more.

This sits in a tremendous location near Clinton Schools, Clinton Fire Department Station 1 (on Longmire Road), Aspire Park, restaurants and grocery.


TAXES
Estimated Anderson County Taxes: $416.00


ZONING
R-1-S: Residential District


UTILITIES

  • Electricity: Clinton Utilities Board
  • Water: Powell-Clinch Utility District
  • Sewer: Clinton Utilities Board
  • Gas: Septic (Sewer Available Upon Annexation into the City of Clinton)

PROPERTY DOCUMENTS

 


DIRECTIONS

From the intersection of Main Street and Market Street in Clinton, Travel north on Main Street for 1.2 miles. Property on right. The property is just past 804 Lake City Highway. Sign on property.

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