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Listed by Luke Thompson • RE/Max First
$ 4,999,900
Est. payment /mo
Coming Soon
632 Hiwassee Rd Madisonville, TN 37354
16.06 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 3164707
Annual Tax Amount $1,261
Lot Size 16.060 Acres
Acres 16.06
Lot Dimensions 415126
Property Description
Prime Development Opportunity in the Heart of Madisonville
Offered at $4,999,900, this exceptional 16.06± acre tract presents a rare opportunity to acquire a sizable parcel with significant development potential in a highly desirable and growing Madisonville location.
Positioned along Hiwassee Road with approximately 100± feet of road frontage, this property is ideally situated for future residential, mixed-use, or other development possibilities (buyer to verify zoning and intended use). Surrounded by largely unimproved land, the tract offers flexibility, scale, and long-term upside in an area experiencing continued growth and demand.
The value of this offering lies predominantly in the land itself, with its strategic location just minutes from Downtown Madisonville, shopping, schools, and essential amenities. The property also includes any potential mineral rights, further enhancing its investment appeal.
An existing dwelling is included with the sale but is conveyed AS-IS, with no warranties or guarantees, and will not be shown or inspected. The seller believes the highest and best use of the property is redevelopment.
This is a rare opportunity to secure a substantial land holding with strong future potential in a prime Monroe County location.
Offered at $4,999,900, this exceptional 16.06± acre tract presents a rare opportunity to acquire a sizable parcel with significant development potential in a highly desirable and growing Madisonville location.
Positioned along Hiwassee Road with approximately 100± feet of road frontage, this property is ideally situated for future residential, mixed-use, or other development possibilities (buyer to verify zoning and intended use). Surrounded by largely unimproved land, the tract offers flexibility, scale, and long-term upside in an area experiencing continued growth and demand.
The value of this offering lies predominantly in the land itself, with its strategic location just minutes from Downtown Madisonville, shopping, schools, and essential amenities. The property also includes any potential mineral rights, further enhancing its investment appeal.
An existing dwelling is included with the sale but is conveyed AS-IS, with no warranties or guarantees, and will not be shown or inspected. The seller believes the highest and best use of the property is redevelopment.
This is a rare opportunity to secure a substantial land holding with strong future potential in a prime Monroe County location.
Location
State TN
County Monroe County
Interior
Fireplace N
Exterior
View Y/N false
Private Pool false
Building
Lot Description Rolling Slope, Other, Cleared
New Construction false
Others
Senior Community false
Special Listing Condition Standard
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