Listing provided by: Jacki Hill · Coldwell Banker Jim Henry
Source: East Tennessee REALTORS® MLS · MLS# 1318721
Listing last updated
About this home
12.5 Acres with Two Homes - Excellent Potential for Commercial Development! This unique 12.5-acre property offers incredible potential for future commercial or mixed-use development! Currently being used as residential, the property is made up of four parcels and is conveniently accessed from Autumn Lane off Hwy 58 (Gallaher Road) — a rapidly developing corridor with adjacent C-2 zoned properties. • Parcel 1: 3.9 acres with a 3-bedroom home (recently vacated) • Parcel 2: 6.46 acres with an old shed • Parcel 3: 1.87 acres featuring a brick 3-bedroom, 2-bath home (currently occupied) • Parcel 4: 0.66 acres Both homes are connected to Kingston City Water, ORUD Natural Gas, and REU Electricity. Each home is currently on septic, but public sewer is available along Gallaher Road — a valuable utility upgrade option for future development. This is an outstanding investment opportunity for those looking to establish a commercial business, multi-use site, or maintain residential use with room for expansion. 📍 Location: Autumn Lane off Hwy 58 (Gallaher Rd), convenient to Kingston and I-40 📐 Total Acreage: 12.5 acres 🏠 Utilities: City water, natural gas, electricity, septic (public sewer available nearby) Buyer Disclaimer: Buyer to verify all information including zoning, acreage, boundaries, and utility availability to their own satisfaction prior to closing.
Facts & features
- Bathrooms: 0
- Heating: Central, Natural Gas, Electric
- Cooling: Central Cooling
- Flooring: Laminate, Carpet
- Windows: Windows - Insulated
- Parking features: Off-Street Parking, Attached, Basement
- Attached garage: Yes
- Dimensions: 246 x1937 irr
- Exterior features: Detached Workshop
- Parcel number: 049 062.00
- Home type: Multi-Family
- Materials: Vinyl, Brick, Frame
- Year built: 1960
- County: Roane County - 31
- MLS area: Roane County - 31
- Region: Kingston
- Price: $1,500,000
- Annual tax: $3,961.8
- Listing terms: Cash, Conventional
- Date on market: Oct 15, 2025
- Days on market: 264
- Status: Active
- MLS #: 1318721
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