BID ONLINE - APPROVED MULTI-FAMILY DEVELOPMENT LAND
BID ONLINE - APPROVED MULTI-FAMILY DEVELOPMENT LAND • 28.859 +/- Acres Approved for Multi-Family • Site is 1.25 Miles from Blue Oval City - Direct Access via Local Roads • Tract Has Been Annexed into Town of Stanton: ALTA Survey Performed • Zoned R2, Which Allows for Multifamily Use • 480 Sewer Taps Have Been Secured with the Town Through a Will Serve Letter • Sewer Service Is Contiguous to the Tract • Water, Gas, and Electric Utilities Are Adjacent to the Site • High Demand Area for Residential Development. SK Begins Production in 2025 and Ford in 2027 • A Full Depth Reclamation Rebuild of SR 179 Along the West Side of the Tract from SH 70 to Exit 47 on I-40 Was Completed in August 2024 • Site Is Generally Level with Slight Slope to the East for Future Detention • Significant Roadway Improvements Planned for the West Side of Blue Oval City, Including New Exit 39 Interchange on I-40 • Potential New YMCA to Be Built Near Blue Oval Offering Daycare • Out-of-State Owner Says Must Sell! • Don't Miss This Opportunity to Acquire a Project with the Approval for Services Already In-Hand! Tim Mast, TN Auctioneer #5252 In Cooperation with Commercial Advisors, Dave Curran 10% Buyer's Premium and other terms apply Online bidding ends November 14th at 4:00pm CT Inspection: Drive by anytime Property Address: 0 Mayhill Road, Stanton, TN 38069 Contact Vance Luksetich PRICE WILL BE DETERMINED AT AUCTION.