1470 Andrew Johnson Highway, Greeneville, TENNESSEE

$1,300,000

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54.96

Acres

About 1470 Andrew Johnson Highway

Here is your chance to own a cornerstone farm in the highly sought after Greene County. Almost 55 acres that showcases everything that East Tennessee has to offer. For starters this property would be an excellent candidate for development. When talking about development there is one thing a property cant be short on and that is road frontage. This property has frontage on 3 of its 4 sides. It has close to 1,000ft of road frontage on 11E, over 1,300ft of frontage on Hal Henard Rd, and 544ft of frontage on Old Knoxville Hwy. City water is already located at the property and has been approved for city sewer for a development project. The farm is also located in an opportunity zone in Greeneville which makes this property an even more lucrative investment. If that is not enough this property is also zoned B4 which means any sort of business or residential dwellings is allowed . The gentle roll of this farm makes virtually all 55 acres buildable with breathtaking views making it a prime candidate for multiple dwellings. This farm truly is a needle in a haystack for land investors and developers alike. Priced under 23,600 an acre you simply cant go wrong. If you are planning to buy and hold this farm also carries a ''Greenbelt'' tax designation which will transfer with the sale of the property to its next owners.If you don't consider yourself to be a real estate developer and are simply looking for your next place to land here in East Tennessee then this property also has something for you. Currently situated on the front of the property is an old farm house that was originally built in 1900 and with a small amount of work could be brought back to life and a perfect home for families of all sizes. This family farm has been a staple for all residents in the area and with a little sweat equity could be brought back to working order. With 2 large barns, pond, equipment storage this be a prime spot for your next agriculture venture.

Features of 1470 Andrew Johnson Highway

MLS® # 9956044
Price $1,300,000
Bathrooms 0.00
Acres 54.96
Type Land
Status Active

Community Information

Address 1470 Andrew Johnson Highway
Area 202 - Greene County
Subdivision Not In Subdivision
City Greeneville
County Greene
State TENNESSEE
Zip Code 37743

Amenities

View Mountain(s), Pasture, Pond
Is Waterfront No

Interior

Fireplace No

Exterior

Lot Description See Remarks

School Information

Elementary Mosheim
Middle Mosheim
High West Greene

Additional Information

Date Listed August 25th, 2023
Days on Market 238
Zoning B4
Foreclosure No
Short Sale No

Listing Details

OfficeClinch Mountain Realty & Auction Co.

Listing Map

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