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Morristown TN 37814 US

$2,500,000

Active Listing ID 711362
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Lot: 23.00 Acres
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Other

$2,500,000

Active Listing ID 711362
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Beautiful +/-23-acre development opportunity in a prime location adjoining the prestigious Lochmere community. These three adjoining tracts are being sold together as one exceptional investment parcel with unlimited potential. Currently zoned R-3 High Density Residential and approved as a Planned Unit Development (PUD). The property offers tremendous flexibility for residential development. Existing approved site plans include: Duplex buildings lining the street frontage Condo-style buildings facing Lochmere with architectural elevations and floor plans completed A proposed 3-story apartment building approved for 40 townhomes An additional ''Future Development'' section allowing for expanded possibilities. The original PUD approval included a minimum of 242 residential units, with additional density potential in the future development area, and notably did not establish a maximum unit cap. This highly desirable location combines convenience, natural beauty, and proximity to one of the area's most sought-after residential communities, making it ideal for apartments, condominiums, townhomes, or mixed residential concepts. Buyer and agent to confirm all information to their satisfaction. All information per CRS.

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Property Features

  • Facts
  • Lot Size: 23.00 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2500000
  • postalcity: Morristown
  • stateorprovince: TN
  • country: US
  • postalcode: 37814
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 23
  • lotsizeunits: Acres
  • lotsizearea: 23
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: David Quillen
  • listagentemail: radiomanone@hotmail.com
  • listagentkey: 3yd-LAARTN-10_1889
  • listagentmlsid: 10_1889
  • listagentpreferredphone: 4237480901
  • listagentofficephone: 4237480901
  • listofficekey: 3yd-LAARTN-10
  • listofficemlsid: 10
  • disclaimer: Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: LAARTN
  • listingcontractdate: 2026-05-01
  • countyorparish: Hamblen
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Crye-Leike
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: False
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"CRYE LEIKE LAKEWAY REAL ESTATE", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"radiomanone@hotmail.com", "ListBrokerageCity":"MORRISTOWN", "ListBrokerageCountry":"US", "ListBrokerageEmail":"leslie.lamb1@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"CRYE LEIKE LAKEWAY REAL ESTATE", "ListBrokeragePhone":"(423) 586-3100", "ListBrokeragePostalCode":"37814", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2423 E. ANDREW JOHNSON HWY.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2423 E Andrew Johnson Hwy ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"10", "ListOfficeCity":"Morristown", "ListOfficeCountry":"US", "ListOfficeEmail":"leslie.lamb1@gmail.com", "ListOfficePostalCode":"37814", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Morristown, TN", "ListingURL":null, "MLSModificationTimestamp":"2026-05-19 18:51:25", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":134975, "TaxDescription":"024 130.02", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/9/2026 1:47:50 AM GMT
Source Updated Date: 6/20/2026 12:30:50 PM GMT

Courtesy of: David Quillen, Crye-Leike Lakeway Real Estate, radiomanone@hotmail.com

Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.