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0 Mayhill Road, Stanton, TN 38069

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For Sale

$2,900,000

28.86 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 28.9 acres
    Lot size

Explore this Property

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! 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.
MLS# 11361717

Courtesy Of Tranzon Asset Advisors

(270) 769-0284

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    28.86 Acres

Map and Directions

Directions to 0 Mayhill Road, Stanton, TN 38069

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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