Mixed-Use Land for Sale in Morristown, Tennessee

Beautiful +/-23-acre development opportunity in a prime location adjoining the prestigious Lochmere community. These three adjoining tracts are being sold together as one exceptional investment parcel with unlimited potential. Currently zoned R-3 High Density Residential and approved as a Planned Unit Development (PUD). The property offers tremendous flexibility for residential development. Existing approved site plans include: Duplex buildings lining the street frontage Condo-style buildings facing Lochmere with architectural elevations and floor plans completed A proposed 3-story apartment building approved for 40 townhomes An additional ''Future Development'' section allowing for expanded possibilities. The original PUD approval included a minimum of 242 residential units, with additional density potential in the future development area, and notably did not establish a maximum unit cap. This highly desirable location combines convenience, natural beauty, and proximity to one of the area's most sought-after residential communities, making it ideal for apartments, condominiums, townhomes, or mixed residential concepts. Buyer and agent to confirm all information to their satisfaction. All information per CRS.