Creekwood Park Blvd

    Lenoir City, TN 37772
    • $13,000,000
    • STATUS: Active
    • ON SITE: 148 days
    • ID#: 1042910
    Foreclosure
    UPDATED: 63 min ago
    $13,000,000
    • 0
      BEDS
    • 134.61
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    With a total of one hundred and thirty-four acres remaining, the Creekwood Business Park, located along Interstate 75, offers a range of mixed-use opportunities. Strategically sited near the intersection of Interstates 75, 40 and 81, it is within a one-day's drive to seventy-five percent of the population in the eastern and central United States. Suggested uses include general office, retail, entertainment and recreation venues and multifamily/senior living. The entire tract is available for a master developer or as individual parcels as small as one acre. Low local property tax rates, no state income tax and attractive incentives for new employers and a development-friendly environment make Creekwood Business Park an excellent choice.With a total of one hundred and thirty-four acres remaining, the Creekwood Business Park, located along Interstate 75, offers a range of mixed-use opportunities. Strategically sited near the intersection of Interstates 75, 40 and 81, it is within a one-day's drive to seventy-five percent of the population in the eastern and central United States. Suggested uses The property has almost a mile of frontage along Interstate 75 at Exit 81 in the fast-growing community of Lenoir City. It is less than twenty-four miles from the center of Knoxville and convenient to the nuclear energy complex at Oak Ridge which includes the Spallation Neutron Source, Oak Ridge National Laboratory, Y-12 National Security Complex and Oak Ridge Associated Universities/UT-Battelle. Main entrances to the landscaped, four-lane boulevard through the tract are located on Highway 321 on the south and US Highway 11/70 on the north. Current occupants include Lenoir City Utilities Board headquarters, The University of Tennessee Regional Health Center, Lenoir City Eye Center, the Pediatric Clinic, the Venue event center and the 208 unit apartment complex, The Cove at Creekwood. All utilities are present including electric, water, gas, municipal sewer and fiber optic cable. Rough grading has been done on most of the site. The majority of the acreage is zoned C-3, Highway Commercial District, which allows most commercial uses including hospitality, retail, business and professional services and amusement establishments, with 17.62 acres zoned R-4, Residential District, which allows multifamily.

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    © 2018 Knoxville Area Association of REALTORS®, Inc. All rights reserved. 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. Some or all of the listings displayed may not belong to Billy Houston Group | Realty Executives. Information is deemed reliable but is not guaranteed accurate by the MLS or Billy Houston Group | Realty Executives. Data last updated: 2018-10-20T10:55:39.037.
    www.billyhoustongroup.com/homes/83902235

    Creekwood Park Blvd Lenoir City, TN 37772

    • Price: $13,000,000
    • Status: Active
    • Updated: 63 min ago
    • ID#: 1042910
    0
    Beds
    0
    Baths
    0
    ½ Baths
    134.61
    Acres
    County:
    Loudon
    Area:
    Lenoir City
    Property Description
    With a total of one hundred and thirty-four acres remaining, the Creekwood Business Park, located along Interstate 75, offers a range of mixed-use opportunities. Strategically sited near the intersection of Interstates 75, 40 and 81, it is within a one-day's drive to seventy-five percent of the population in the eastern and central United States. Suggested uses include general office, retail, entertainment and recreation venues and multifamily/senior living. The entire tract is available for a master developer or as individual parcels as small as one acre. Low local property tax rates, no state income tax and attractive incentives for new employers and a development-friendly environment make Creekwood Business Park an excellent choice.With a total of one hundred and thirty-four acres remaining, the Creekwood Business Park, located along Interstate 75, offers a range of mixed-use opportunities. Strategically sited near the intersection of Interstates 75, 40 and 81, it is within a one-day's drive to seventy-five percent of the population in the eastern and central United States. Suggested uses The property has almost a mile of frontage along Interstate 75 at Exit 81 in the fast-growing community of Lenoir City. It is less than twenty-four miles from the center of Knoxville and convenient to the nuclear energy complex at Oak Ridge which includes the Spallation Neutron Source, Oak Ridge National Laboratory, Y-12 National Security Complex and Oak Ridge Associated Universities/UT-Battelle. Main entrances to the landscaped, four-lane boulevard through the tract are located on Highway 321 on the south and US Highway 11/70 on the north. Current occupants include Lenoir City Utilities Board headquarters, The University of Tennessee Regional Health Center, Lenoir City Eye Center, the Pediatric Clinic, the Venue event center and the 208 unit apartment complex, The Cove at Creekwood. All utilities are present including electric, water, gas, municipal sewer and fiber optic cable. Rough grading has been done on most of the site. The majority of the acreage is zoned C-3, Highway Commercial District, which allows most commercial uses including hospitality, retail, business and professional services and amusement establishments, with 17.62 acres zoned R-4, Residential District, which allows multifamily.
    Exterior Features

    Improvements OtherUtilities On Site Lot Description IrregularLevel LotOtherPond Lot Size Irr Present Structures None Road Access Interstate AccessInterstate ExposurePublic RoadU.S. Highway Road Frontage CityPavedState Topography ClearedLevel View Country Setting

    Property Features

    Auction YN No City County Code City Limits City Taxes 3872.25 County Taxes 5910.09 Developmnt Potential CommercialMulti-FamilyRetail Docs On File OtherTopography Map Easements Other In Sub No Land Sub Type CommercialOther New Financing CashConventionalNew Loan Property Status Reo Pud YN No Restrictions No Sale Options Fee Simple Total Tax 9782.33 Undeveloped Interstate AccessInterstate Exposure Utilities Available Cable TvElectricityGasSewerTelephoneWater Zoning Zoned Commercial

    Listing information © 2018 Knoxville Area Association of REALTORS®, Inc.
    Listing provided courtesy of Goldman Partners Realty, Llc.


    © 2018 Knoxville Area Association of REALTORS®, Inc. All rights reserved. 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. Some or all of the listings displayed may not belong to Billy Houston Group | Realty Executives. Information is deemed reliable but is not guaranteed accurate by the MLS or Billy Houston Group | Realty Executives. Data last updated: 2018-10-20T10:55:39.037.
     
    Billy Houston Group | Realty Executives
    109 S Northshore Drive, Suite 201
    Knoxville TN, 37919