0 Mayhill Road, Stanton, TN

Land for Sale - 28.86 acres


Agent Info

Edward Durnil
Tranzon Asset Advisors

Property Info

CIMLS#1167004
Location
  0 Mayhill Road
  Stanton TN 38069
UpdatedOctober 18th, 2024
TypeLand
PriceUpon Request
Land28.86 acres

Property Description

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!

Tranzon Asset Advisors, 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 at 618-830-9091 or vancel@tranzon.com


Financials