Listed by PWA Properties
$900,000
15 Acres - Morristown, TN
Details
Property Type Land
Sub Type Residential
Acreage 15.000
Zoning R-2
Sale Condition For sale by owner
Residential Development Land | 15 Acres
Marketing description
±15 acres already zoned R-2, allowing for up to 12 dwelling units per acre, providing a clear path to higher-density residential development. Sewer is available, further reducing development hurdles. This site is ideally suited for townhomes or multifamily development, with strong fundamentals supporting absorption in the Morristown market. Excellent location with convenient access to major roadways and nearby amenities.
Owner financing is available.
Includes Parcel IDs: 025 159.11 & 025 159.01
Investment highlights
15 Acres
Zoned R-2
Allows for 12 units per acre
Listing Contacts
Listed by PWA Properties
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?

