Cherokee Street, Jonesborough

$550,000

0 Beds
0 Baths
18.58 Acres
0 Garages

This 18.50 Acre +/- tract is located along N. Cherokee Street in the Town of Jonesborough, TN. Cherokee Street connects to US Hwy 11-E near the new County Justice Center.This property is located across the road from the proposed Jonesborough K-8 school and Town of Jonesborough sports complex. The Washington County Commission recently gave approval to the proposed plan for a new school which is expected to cost nearly $32 million. This tract is comprised of rolling and gently sloping land area which is ideal for a number of residential development schemes. It has excellent frontage for access and good visibility along N. Cherokee Street. Available utilities include water and electric service, with sewer service across the road. The property is presently zoned for low density single family residential development and would be idea for a phased development or multiple estate tracts. With the availability of sewer across the road, the possibility for a higher density development scheme (patio homes or apartments) exists with proper zoning. Other possible uses with re-zoning would include a nursing home or assisted living facility, etc. Portion of property is within flood zone.

Essential Information
MLS® #359882
Price$550,000
Acres18.58
TypeVacant Land
StatusActive
Community Information
AddressCherokee Street
CityJonesborough
CountyWashington
StateTENNESSEE
Zip Code37659
Area

309 - Jonesboro/he Ridges Subdiv

School Information
ElementaryJonesborough
MiddleJonesborough
HighDavid Crockett
Additional Information
Date ListedMarch 23rd, 2015
Days on Market1798
ZoningR-1
HOA Fees0.00
Listing Details
Listing Courtesy ofGREEN COMMERCIAL REALTY, INC.
Property History
Price Increased from $342,250 to $550,000
Price Reduced from $370,000 to $342,250
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Information herein deemed reliable but not guaranteed February 23rd, 2020 at 12:30pm