Vacant Land On Manchester Hwy. in McMinnville, TN

Vacant Land for Sale
Catylist Listing ID: 30715910
Property Subtypes: Retail, Retail-Pad, Other
Gross Land Area: 2.05 Acres
Sale Price: $185,000
Unit Price: $90,243 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/5/2021

Overview / Comments

2.05 acres of level vacant land with 350' of frontage located at 3880 Manchester Hwy., in McMinnville, TN. This property is located adjacent to Dollar General and across the street from Webb House Retirement Center and right outside of main shopping and residential area of McMinnville. This property has easy access, excellent visibilty and strong traffic counts on Manchester Hwy. (14,160 - AADT) Excellent opportunity for a gas station & QSR combo or small strip center with office and retail users.

Property is subject to use restrictions, listed below:

The Property shall not be used for any of the following: (a) for the sale of any food or food products, dairy products, coffee or coffee based products, and soft drinks, except as may be sold through vending machines or as may be sold by a sit-down restaurant or bar, (b) as a convenience store, (c) for retail sale of gasoline or motor fuels, (d) for retail sale of electronic cigarettes, cigarettes, and tobacco products, (e) for the retail sale of beer and wine for off-premises consumption, (f) for the sale of food, drinks and/or snacks utilizing a mobile or “food truck” type use, including, without limitation, a moveable trailer, van or truck, (g) for the sale of lottery tickets, (h) as a self-service or full-service car wash, (i) for the operation of a national discount variety, including but not limited to, Dollar General, Dollar Tree, 99 Cents Only or Family Dollar and (j) for any use ancillary (including, but not limited to, a parking lot, stormwater drainage retention pond or other stormwater purposes) to a business engaged in the restricted activities referred to in subclauses (a) through (i) above. As used herein, the phrase "sale of gasoline or motor fuels" shall include the sale or lease of any other energy source for motor vehicles as may hereafter be used in conjunction with or as an alternative to gasoline.

Additional Details

Nearest MSA: McMinnville
County: Warren
Taxing Authority: Warren County
Tax ID/APN: 089078 02702
Zoning: COMMERCIAL
Property Visibility: Excellent
Largest Nearby Street: Manchester Hwy
Feet of Frontage: 350
Traffic/Vehicle Count: 14,160
Lot Frontage: 350 +/-
Lot Depth: 233 +/-

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,282 22,411
Median Age: 39.33 38.41
Households: 3,095 9,057

Contact

Photograph of Listing Agent

Arnold E Farmer

Pointe Commercial Real Estate Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Russell P Elliott

Pointe Commercial Real Estate Greater Chattanooga REALTORS® Member
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