3521 Wrights Ferry Rd, Louisville, TN 37777

Property Description

This 2.97 acre parcel sits directly off Interstate 140 at the Topside Road interchange, the last exit before McGhee Tyson Airport. More than 44,000 vehicles pass this interchange every day on I-140, giving any use here daily exposure to both local traffic and the airport's transient travelers. The site is zoned Interstate Commercial (IC) under the City of Alcoa's zoning code. Permitted uses include retail, office, bank and professional services, hotels and motels under 100 units, and restaurants, among others. The property was previously approved for a 16 home residential development. A full set of those plans is included with the sale, which gives a buyer a head start on site layout and engineering. The IC district separately allows residential as a special exception at up to roughly 21.78 dwelling units per acre for attached product such as townhomes, condominiums or apartments, so a buyer has more than one path to pursue here, commercial or residential. Located in Blount County, minutes from downtown Alcoa and the greater Knoxville metro, this is a highly visible interstate site with a documented entitlement history and room to build a use that fits the location. For more information or to schedule a site visit, contact Sam Harrell. All information is from sources deemed reliable but is not guaranteed. Buyer should independently verify zoning, entitlements, height limits, acreage, and the transferability of any plans with the City of Alcoa and their own advisors.