11
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$300,000
Est. payment /mo
60 Acres Lot
Price Dropped by $80K
1 Millstone Mountain Rd Rockwood, TN 37854
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1258980
Lot Size 60.000 Acres
Acres 60.0
Lot Dimensions irregular
Source East Tennessee REALTORS® MLS
Property Description
PRICES REDUCED! This listing is a parcel totaling ±360 acres split into 5 parcels ranging from ±55 to ±90 acres in size. The splits are located on Millstone Mountain Road in east Cumberland County. The attached map shows the proposed splits and the access road that all five splits will share a 50-foot easement for ingress and utilities. The seller has not installed electric utilities along the road and all buyers will be required to share the expense for installation. Tracts 1 and 5 have road frontage and will not necessarily have to share in the installation costs. Tracts 2, 3, and 4 will definitely need to have electricity along the access road. We have checked with Volunteer Electric and found the estimated total cost to be $42,000.00 to a point at the end of the easement. Further electric will be at each buyer's expense. A draft of the easement maintenance by the buyers can be found in the documents section on the website.
Tract 1 (Sold)
Tract 2 is approximately 40 acres of thinned pine plantation and 20 acres of hardwood. Tract 2 price is $5,000.00/acre or $300,000.00.
Tract 3 is approximately 70 acres of thinned pine and the remaining acreage is SMZS. Tract 3 price is $4,000.00/acre or $352,000.00.
Tract 4 is 81 acres of mostly pine plantation and is priced at $4,500.00/acre or $364,545.00.
Tract 5 is 76 acres of a mix of pine and hardwood and is priced at $4500.00/acre or $340,065.00.
Tract 1 (Sold)
Tract 2 is approximately 40 acres of thinned pine plantation and 20 acres of hardwood. Tract 2 price is $5,000.00/acre or $300,000.00.
Tract 3 is approximately 70 acres of thinned pine and the remaining acreage is SMZS. Tract 3 price is $4,000.00/acre or $352,000.00.
Tract 4 is 81 acres of mostly pine plantation and is priced at $4,500.00/acre or $364,545.00.
Tract 5 is 76 acres of a mix of pine and hardwood and is priced at $4500.00/acre or $340,065.00.
Location
State TN
County Cumberland County - 34
Area 60.0
Zoning Zoned Agricultural
Exterior
View Mountain View
Topography Rolling
Road Frontage , Other, County, Paved
Garage No
Building
Lot Description Private, Rolling, Wooded, Irregular Lot
Faces From the Westal exit go south on TN 299 0.5 miles, turn right on Pig Path Road 1.6 miles, turn right on Millstone Mountain Road 2.2 miles and tract is on the left. Lat/Long 35.913072 - -84.785494.
Others
Restrictions Yes
Tax ID 119 001.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by AFM Real Estate
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