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1770 Walters Dr
Morristown, TN 37814
Land For Sale
·
25.67 AC
Investment Highlights
- 26± acres within city limits
- Zoned R-2: allows single-family, duplex, and triplex
- Rough concept plan for 86 single-family homes
- Located in one of Morristown's hottest areas
- Density potential: ~8–9 units/acre under current zoning
- Public utilities available nearby
Executive Summary
Presenting 26± acres of residential development land located at 1770 Walters Dr, Morristown, TN 37814. This strategically positioned site sits within city limits and is currently zoned R-2 (Medium Density Residential), allowing for single-family, duplex, and triplex dwellings by right.
The R-2 zoning supports approx. 8–9 units per acre for two- and three-family configurations, translating to a potential 200+ unit yield under optimized planning. The seller has previously explored development feasibility and had preliminary concept plans drawn for 86 single-family homes, offering a strong starting point for builders or residential developers.
With city utilities nearby and easy access to schools, shopping, and major corridors, this tract is ideally suited for a residential subdivision, duplex community, or garden-style apartment development (with rezoning or special use permit approval).
The R-2 zoning supports approx. 8–9 units per acre for two- and three-family configurations, translating to a potential 200+ unit yield under optimized planning. The seller has previously explored development feasibility and had preliminary concept plans drawn for 86 single-family homes, offering a strong starting point for builders or residential developers.
With city utilities nearby and easy access to schools, shopping, and major corridors, this tract is ideally suited for a residential subdivision, duplex community, or garden-style apartment development (with rezoning or special use permit approval).
Property Facts
1 Lot Available
Lot
| Price | $1,049,002 CAD | Lot Size | 25.67 AC |
| Price Per AC | $40,864.91 CAD |
| Price | $1,049,002 CAD |
| Price Per AC | $40,864.91 CAD |
| Lot Size | 25.67 AC |
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