Grigsby Chapel Rd, Knoxville, TN 37934
$875,000
Property Type:
Commercial
Lot Size (sq. ft.):
377,972
Status:
Closed
Current Price:
$875,000
List Date:
1/05/2015
Last Modified:
7/11/2018
Overview
Description
GREAT LOCATION in Farragut to custom build office building(s). Close to Turkey Creek, I-40/75, medical, schools. Long term land lease (see income/expenses) with Farragut Medical which sits on approximately 3.11 acres. Approximately 3.6 acres is usable. Custom build approximately 40,000 sq. ft of office space-3 stories, 20' public walk way easement running through the western portion of the site (in the 2.0+/- acre unusable area). Property cannot be divided.
Listing Details MLS# 910078
Location Tax Legal Info
- Street Name
- Grigsby Chapel
- St Suffix
- Rd
- State/Province
- TN
- Zip Code
- 37934
- PIN #
- 142-104
Contract Info
- Auction Y/N
- No
- Listing Price
- 1500000
General Property Description
- Lot Dimensions
- -
- Lot Size SqFt
- 377972
- Acres
- 8.68
- Zoning
- 0-1-3
- Condition
- VACANT LAND
- Remaining Lse Yrs
- 31
- Restrictions
- Yes
- Property Status
- N/A
- # of Buildings
- 0
- Stories
- 0
- Eaves Height
- No
Status Change Info
- Status Change Date
- 2018-07-11
- Under Contract Date
- 2018-01-01
- Sold Date
- 2018-07-05
IncomeExpenses
- Net Operating Income
- 20700
Location, Tax & Legal Info
- Area
- Knox County - 1
- Community
- Farragut
- City/County Code
- County
- Total Tax
- 6202.75
More Information
Location
- Other
- Yes
Remarks & Misc
- Directions
- I-40/75 to Campbell Station exit, turn south onto Campbell Station on right just before school. Kingston Pike to Campbell Station, on left just after the school.
- Public Remarks
- GREAT LOCATION in Farragut to custom build office building(s). Close to Turkey Creek, I-40/75, medical, schools. Long term land lease (see income/expenses) with Farragut Medical which sits on approximately 3.11 acres. Approximately 3.6 acres is usable. Custom build approximately 40,000 sq. ft of office space-3 stories, 20' public walk way easement running through the western portion of the site (in the 2.0+/- acre unusable area). Property cannot be divided.
Income/Expenses
- Gross Annual Income
- 27000
- Annual Oper Expenses
- 6300
Commercial Type
- Commercial
- Yes
- Vacant Land
- Yes
Construction
- Other
- Yes
Sale/Lease Includes
- Fee Simple
- Yes
- Land
- Yes
Road Access
- Public Road
- Yes
Cooling
- Other
- Yes
Utilities on Site
- Electric
- Yes
- Public Water
- Yes
- Sewer
- Yes
- Telephone
- Yes
Fuel
- Electric
- Yes
Additional Info
- Tax Information
- Yes
Easements
- Flood Zone
- Yes
Heat
- Other
- Yes
Expenses Included
- Other
- Yes
Building/Business Tp
- Dental
- Yes
- Medical
- Yes
- Professional/Office
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Property Features
Commercial Type:
Commercial; Vacant Land
Road Access:
Public Road
Utilities on Site:
Electric; Public Water; Sewer; Telephone
Additional Info:
Tax Information
Fuel:
Electric
Heat:
Other
Cooling:
Other
Location:
Other
Construction:
Other
Easements:
Flood Zone
Expenses Included:
Other
New Financing:
Cash; Conventional
Listing Office:
Gables & Gates, REALTORS
IDX
Office Phone: 865-777-9191
Last Updated: July - 11 - 2018
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