1584 US-321

Maryville, TN 37801

Listing ID: 196562

$10,260,000

For Sale

Property Type Land : Mixed Use Land
Lot Size Acres 6.800
Land Sq Ft 296,208
Land Price per Sq Ft $34.64

1584 US-321 Maryville, TN 37801 - main image

Description

The offering is a planned commercial and business development providing direct access to West Lamar Alexander Parkway (Highway 321). Robert C. Jackson Road has been extended through Laurel Branch and now connects with Morganton Road. The extension provides additional opportunities for residents of Blount County to get to work and shopping.
Laurel Branch offers lots that are well suited for hotels, restaurants, retail and other commercial uses on West Lamar Alexander Parkway and office and light industrial behind the retail/commercial lots. Can divide to suit for lots ranging from +/- 2 - 34 acres.
The park is located across the street from the Blount County Industrial Park which is home to the largest private manufacturing employer in the region, Denso. Denso recently announced plans to invest $1 billion dollars in the facility and hire an additional 1,000 employees. This investment will require more workforce employees to move to the area.

Attachments & Files

laurelbranchretailflyer-jN0-ZqD.pdf

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		3,669	29,459	63,449
Population Median Age		35	38	40
Population by Age	0-9 Yrs	643 (17%)	3826 (12%)	7460 (11%)
	10-19 Yrs	328 (8%)	4181 (14%)	8388 (13%)
	20-29 Yrs	676 (18%)	3861 (13%)	7853 (12%)
	30-39 Yrs	525 (14%)	3872 (13%)	7762 (12%)
	40-49 Yrs	444 (12%)	3513 (11%)	8084 (12%)
	50-59 Yrs	429 (11%)	3584 (12%)	8213 (12%)
	60-69 Yrs	346 (9%)	3101 (10%)	7471 (11%)
	70+ Yrs	279 (7%)	3521 (11%)	8217 (12%)

Median HH Income		$46,501	$47,844	$52,287
Total Household Income	< 24K	357 (24%)	2837 (24%)	5433 (21%)
	25-49K	496 (33%)	3236 (27%)	6532 (26%)
	50-74K	331 (22%)	2151 (18%)	4776 (19%)
	75-99K	125 (8%)	1190 (10%)	2976 (11%)
	100-199K	133 (8%)	1850 (15%)	4299 (17%)
	200K+	37 (2%)	368 (3%)	894 (3%)

Highest Education Level	No Diploma	332	2297	4531
	Diploma or GED	544	5898	14357
	Some College	634	4310	9734
	Assoc. Degree	267	1865	3939
	Bachelors Degree	382	3160	7175
	Higher Degree	176	2030	4110

Total Housing Units		1,657	12,893	27,550
--Owner-Occupied		797	7,591	17,674
--Renter-Occupied		682	4,040	7,235
Owner-Occupied Values	< 100K	276	1596	3236
	100-199K	298	3086	7556
	200-299K	149	1517	3683
	300-399K	31	769	1761
	400-499K	29	330	610
	500K+	15	294	829

Total Working Age Population		2,837	23,288	51,168
In Work Force		1,744	13,614	30,162
Not In Work Force		1,093	9,674	21,006
Workforce Employed		1,636	13,015	28,649
Workforce Unemployed		108	587	1,480
Civlian Workforce		1,744	13,602	30,130
Military Workforce		0	12	32

Total Households		1,480	11,631	24,909
Family Households		857	7,199	16,464
Non-Family Households		622	4,433	8,445
Married Couple		600	5,195	12,606
Other Family		257	2,004	3,858
Married w/Child		354	2,304	4,864
Single Male w/Child		48	278	563
Single Female w/Child		57	756	1,414

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Tennessee	5,689,283	+12	6,346,105	+9	6,886,369	+7	7,393,069
Blount County	105,823	+16	123,010	+9	133,808	+8	143,918

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