Snyder Road - Jones Drive
Land | 100.4 acres
Marketing description
This beautiful land property consists of about 100 acres, located 1.5 miles north of I-40 (Exit 407) and east of Snyder Road, spanning 8 adjacent lots in Sevier County and Jefferson County.
The property, more or less unimproved, has approx. 550 feet Snyder Road frontage.
The property includes part of a +/- 3.5-acre creek-fed lake, with flat, rolling and mountainous topography.
All individual lots, both in Sevier County and Jefferson County, are currently zoned A-1, Agriculture and Forestry. In Sevier County this allows for residential development, including cabin resort development. Multi-family and commercial development will require rezoning.
The federal Tax Cuts and Jobs Act of 2017 established opportunity zones. The Sevier County tracts are located in one of the county's two designated Opportunity Zones. The opportunity zone overlay can be seen on the listing website's interactive map.
The nearby market area has shown a considerable increase of investment activities, including multifamily housing developments and major land acquisitions.
Utility water is available on Snyder Road. Utility sewer is not available at this location.
The property is entirely outside the FEMA flood zone.
Investment highlights
- Attractive Scenic Landscape
- +/- 100 Acres
- Proximity and Accessibility to I-40
- Commercial and Residential Growth Area
- Partially in Opportunity Zone
- includes partially +/- 3.5-acre Creek-fed Pond
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