505 N Highway 92

Description

Prime development opportunities with this level of visibility are becoming increasingly rare. Located at 505 N Highway 92, Jefferson City, TN, this 2.21± unrestricted acre property offers exceptional highway frontage and exposure in one of Jefferson County's growing commercial corridors, making it an outstanding opportunity for investors, developers, business owners, and builders alike. The gently rolling, mostly open landscape provides an excellent canvas for a wide variety of future uses. Whether your vision includes a shopping center, retail plaza, restaurant, medical or professional offices, mixed-use development, apartment complex, townhome community, condominiums, single-family residential development, or a private estate, this unrestricted property offers the flexibility to bring your plans to life. Given the property's outstanding visibility, traffic exposure, and surrounding growth, a shopping center or retail development represents one of the highest and best potential uses (subject to buyer's due diligence and all applicable governmental approvals). Enjoy the benefit of county taxes only, with public water and electricity available at the road. Sewer may be available, or the property may be suitable for a septic system depending on the proposed development and buyer's due diligence, providing flexibility for a variety of project types. Conveniently located just minutes from downtown Jefferson City, Douglas Lake, Cherokee Lake, Carson-Newman University, and Interstate 40, the property offers easy access to Knoxville, Morristown, Dandridge, and Sevierville while benefiting from the area's continued residential and commercial growth. Whether you're ready to develop today or invest for tomorrow, opportunities offering unrestricted acreage, outstanding highway visibility, county-only taxes, and this level of development potential are becoming increasingly difficult to find. Information is deemed reliable but not guaranteed.