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!
Dont 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% Buyers 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