Land for Auction in Stanton, Tennessee

Mayhill Rd Stanton, TN 38069

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$2,900,000 min
28.86 acres
Upcoming auction

BID ONLINE - APPROVED MULTI-FAMILY DEVELOPMENT LAND o 28.859 +/- Acres Approved for Multi-Family o Site is 1.25 Miles from Blue Oval City - Direct Access via Local Roads o Tract Has Been Annexed into Town of Stanton: ALTA Survey Performed o Zoned R2, Which Allows for Multifamily Use o 480 Sewer Taps Have Been Secured with the Town Through a Will Serve Letter o Sewer Service Is Contiguous to the Tract o Water, Gas, and Electric Utilities Are Adjacent to the Site o High Demand Area for Residential Development. SK Begins Production in 2025 and Ford in 2027 o 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 o Site Is Generally Level with Slight Slope to the East for Future Detention o Significant Roadway Improvements Planned for the West Side of Blue Oval City, Including New Exit 39 Interchange on I-40 o Potential New YMCA to Be Built Near Blue Oval Offering Daycare o Out-of-State Owner Says Must Sell! o Don't Miss This Opportunity to Acquire a Project with the Approval for Services Already In-Hand! 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 PRICE WILL BE DETERMINED AT AUCTION.

Auction details

Price
$2,900,000 minimum

Location

Street Address
Mayhill Rd
Elevation
322 feet
Coordinates
35.4569, -89.3899

Property details

MLS Number
MyStateMLS 11361717
Date Posted

This 28.86-acre property is located at Mayhill Rd in Stanton, TN 38069 with latitude 35.4569 and longitude -89.3899. The property is scheduled for auction. Listing data is sourced from My State MLS # 11361717.

Verify auction details at the property source or contact Tranzon Asset Advisors at (270) 769-0284.

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Copyright (C) 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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