80.5 +/- AC Prime Commercial Land Ready for Development

Price: $1,900,000.00

This 80.5 +/- AC tract ready for commercial development is for sale in Grundy County, TN. This property is located next to Exit 127 on I-24 which sees a daily traffic count of 35000 cars. Cross street is Veterans Memorial Drive also U.S. 64 and TN 50 (Pelham Exit) at the northern roof of Monteagle Mountain. Veterans Memorial Drive leads to Winchester. This property includes a former gas station and abandoned house with apartment that has argricultural/industrial potential for warehouses or truckstop.The property can be subdivided into smaller parcels. Electric service can be provided by Sequachee Valley Electric Cooperative. Water service is provided by Chapel Hill Water Department.


Address Intersection of Veterans Memorial Drive (US -64 / TN-50) and I-24, Pelham, TN 37366
City Unincorporated Grundy County
County Grundy


Total Acreage: 79.5 + / – AC
Zoning Commercial /Agricultural
Lot Size 3400 +/- ft X 1150 +/- ft IRR
Current Use Agricultural with Commercial Special Interest (Former Car Sales Lot)
Road Frontage 1150 +/- ft


Electricity: Sequachee Valley Electric Cooperative
Water: Chapel Hill Water Department


County Tax ID: 086 039.00 000 / 086 039.00 001
2015 City Taxes: 0 Taxes
2015 County Taxes: $1,190.46 / $769.61
2015 Total Taxes: $1,190.46 / $769.61

Contact: Sims Commercial Realtors & Auctioneers, LLC


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