1566 Tsuga Dr

Alcoa, TN 37701

Listing ID: 197050
Call for Pricing
For Sale
  • Property Type Land : Apartment Land
  • Lot Size Acres 95.000
  • Land Sq Ft 4,138,200
Description

Description

30-40 acres of multifamily land for development

Springbrook Farm is a farm-to-table based suburban development in a beautiful, historic setting. Located in Alcoa, Tennessee, this 300+ acre mixed-use development will serve as the City of Alcoa's vibrant, new downtown center. Springbrook Farm is situated adjacent to the McGee Tyson Airport which is 14 miles south of Knoxville.

The current plan at buildout is estimated to contain:

Single Family Homes - 285

Multifamily Units - 500

Senior Living Units - 200

Hotel Rooms - 240

Retail Square Footage - 697,000

Highlights

30-40 Acres Multifamily land

Fantastic traffic count of 51,718 vehicles per day

Flat topography

Alcoa’s next big retail development area

Along the Knox/Blount Regional Greenway

Excellent visibility and access to Hwy 129 and Hall Road

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 Population2,27724,68161,139
Population Median Age413939
Population by Age0-9 Yrs358 (15%)3389 (13%)7680 (12%)
10-19 Yrs284 (12%)3155 (12%)8359 (13%)
20-29 Yrs149 (6%)3227 (13%)7566 (12%)
30-39 Yrs323 (14%)3115 (12%)7800 (12%)
40-49 Yrs225 (9%)2940 (11%)7588 (12%)
50-59 Yrs305 (13%)3126 (12%)7838 (12%)
60-69 Yrs272 (11%)2719 (11%)6832 (11%)
70+ Yrs362 (15%)3010 (12%)7474 (12%)
Median HH Income$44,926$39,760$48,575
Total Household Income< 24K277 (30%)3075 (30%)5741 (23%)
25-49K203 (22%)2745 (27%)6606 (27%)
50-74K124 (13%)1707 (17%)4352 (18%)
75-99K105 (11%)944 (9%)2700 (11%)
100-199K164 (17%)1270 (12%)3923 (16%)
200K+46 (5%)222 (2%)822 (3%)
Highest Education LevelNo Diploma14522774536
Diploma or GED507588013193
Some College29339929228
Assoc. Degree10613843961
Bachelors Degree30621416884
Higher Degree20211533746
Total Housing Units99011,02826,805
--Owner-Occupied7246,36516,176
--Renter-Occupied1953,6007,968
Owner-Occupied Values< 100K13218643207
100-199K32729016997
200-299K508043133
300-399K1354641512
400-499K40170580
500K+40162748
Total Working Age Population1,70119,26948,806
In Work Force99211,46929,260
Not In Work Force7097,80019,547
Workforce Employed98010,86027,787
Workforce Unemployed125881,441
Civlian Workforce99211,44829,228
Military Workforce02132
Total Households9199,96424,144
Family Households6296,20115,494
Non-Family Households2913,7648,649
Married Couple4914,16011,439
Other Family1372,0414,055
Married w/Child1641,7034,792
Single Male w/Child29242598
Single Female w/Child428161,613

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Tennessee5,689,283+126,346,105+96,886,369+77,393,069
Knox County382,032+13432,226+10473,996+8513,318
Blount County105,823+16123,010+9133,808+8143,918

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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