Auction 490-2. ±139.87 AC Industrial Land Roane County, TN

Highlights:

• 45 minutes from Knoxville and the McGhee Tyson Airport.

Description:

FRE Auctions is pleased to present the Online Auction Plus® Event (allows for contingencies) for ±139.87 Acres Industrial Land in Roane County, Tennessee. FRE.com/490-2D13.

This property encompasses over 139 acres of land, conveniently located near the historic town of Rockwood, TN. Currently zoned for heavy industrial use, the site offers potential for rezoning to commercial designations, enhancing its future development prospects. The site sits directly across the street from the Roane County Industrial Park. Notably, the property is adjacent to the Norfolk Southern Railway, a key player in the Eastern U.S. freight transportation network, with an extensive rail system and a focus on intermodal shipping and various commodity transports.

It is situated just 20 miles from the Roane Regional Business & Technology Park, a strategically positioned hub for industrial and manufacturing operations that offers excellent transportation access and attracts major companies across various sectors. In a recent development for the area, Malibu Boats, LLC announced a $75 million expansion in the Roane Regional Business and Technology Park, creating approximately 770 new jobs.

Roane County is part of the Knoxville Metropolitan Statistical Area and features a blend of rural charm and outdoor recreational opportunities, including Watts Bar Lake and historical sites related to the Manhattan Project. The town of Rockwood proudly hosts the Thunder Road Festival each April featuring live music, local art vendors and showcases one of the best classic car and motorcycle lives shows in the state. It is a unique destination for both residents and tourists seeking a blend of history, nature, and community engagement.

As of 2022, Roane County, Tennessee, has a population of approximately 53,800 people. This reflects a slight increase from the previous year, with the population growing from about 53,313 in 2021 to 53,777 in 2022, marking a growth rate of 0.87%. The county has a median age of 47.4 years.

There is an additional adjacent ±77 Acres also for sale via online auction.

NOTE: There are restrictions currently in place for this property. Please read the Land Use documents on the website.

Documents: