Prime Development Opportunity in the Heart of Madisonville Offered at $4,999,900, this exceptional 16.06± acre tract presents a rare opportunity to acquire a sizable parcel with significant development potential in a highly desirable and growing Madisonville location. Positioned along Hiwassee Road with approximately 100± feet of road frontage, this property is ideally situated for future residential, mixed-use, or other development possibilities (buyer to verify zoning and intended use). Surrounded by largely unimproved land, the tract offers flexibility, scale, and long-term upside in an area experiencing continued growth and demand. The value of this offering lies predominantly in the land itself, with its strategic location just minutes from Downtown Madisonville, shopping, schools, and essential amenities. The property also includes any potential mineral rights, further enhancing its investment appeal. An existing dwelling is included with the sale but is conveyed AS-IS, with no warranties or guarantees, and will not be shown or inspected. The seller believes the highest and best use of the property is redevelopment. This is a rare opportunity to secure a substantial land holding with strong future potential in a prime Monroe County location.
Madisonville Mini Farm, 2 Story home, 2800+/-sq.ft. 4 bedrooms, 2.5 baths, Full walk out Basement, Large Bonus room, Open Floor Plan, Custom Kitchen with New Granite Countertops, New Crown Moulding and Baseboards, Alarm System, Surround Sound inside and out, 2 Level deck with 2nd story Balcony over looking Inground Pool, Professional Landscaping with Extensive Lighting, Spring fed Creek, Pond, 4 stall pole barn, all sitting on 9.53 gorgeous acres of rolling farmland and is all fenced, A Must See Home.$199,500
Public Records
Aug 17, 2004
Sold
$170,000
Knoxville MLS #325339
Jun 3, 2003
Listed
$185,000
Knoxville MLS #302056
Nov 19, 2002
Listed
$185,000
Public Records
Dec 3, 1992
Sold
$19,200
Year
Property tax
Land + Additions
Assessment*
2014
$1,229
Public record
Beds
—
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
9.53 Acres
Year renovated
1994
Finished Sq. Ft.
1,832
Unfinished Sq. Ft.
1,344
Total Sq. Ft.
3,176
Year built
1994
Style
Single Family Residential
County
Monroe County
APN
056DA00801000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2019.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 20 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Madisonville, TN • 37354
Average low and high temperatures (°F)
46
27
56
35
69
45
76
53
77
59
86
66
90
71
85
66
83
62
74
50
65
43
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Madisonville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
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