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
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.
More Information MLS# 910078
Location, Tax & Legal Info
Area: Knox County - 1
Community: Farragut
City/County Code: County
Total Tax: 6202.75
Contract Info
Auction Y/N: No
Listing Price: 1500000
Current Price: $875,000
Status: Closed
Listing Date: 2015-01-01
Location
Other: 1
General Property Description
Lot Dimensions: -
Lot Size SqFt: 377972
Acres: 8.68
# of Buildings: 0
Restrictions: Yes
Stories: 0
Zoning: 0-1-3
Eaves Height: 0
Property Status: N/A
Condition: VACANT LAND
Remaining Lse Yrs: 31
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: 1
Vacant Land: 1
Construction
Other: 1
Sale/Lease Includes
Fee Simple: 1
Land: 1
Road Access
Public Road: 1
Cooling
Other: 1
Utilities on Site
Electric: 1
Public Water: 1
Sewer: 1
Telephone: 1
Fuel
Electric: 1
Additional Info
Tax Information: 1
Easements
Flood Zone: 1
Heat
Other: 1
Expenses Included
Other: 1
Building/Business Tp
Dental: 1
Medical: 1
Professional/Office: 1
New Financing
Cash: 1
Conventional: 1
Location Tax Legal Info
Street Name: Grigsby Chapel
St Suffix: Rd
State/Province: TN
Zip Code: 37934
PIN #: 142-104
Status Change Info
Status Change Date: 2018-07-11
Under Contract Date: 2018-01-01
Sold Date: 2018-07-05
Sold Price: $875,000
IncomeExpenses
Net Operating Income: 20700
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
Office Phone: 865-777-9191
Last Updated: July - 11 - 2018
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