1101 Sherwood Dr, MORRISTOWN, TN

Name: 1101 Sherwood Dr, For Sale in MORRISTOWN - Zoocasa
Brand: Comwire Realty TN, LLC
SKU: 710603
Price: 129000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$129,000

000

MLS® 710603

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Land

Size -

Garage No

Taxes $527

Days Active 4

Lot Size 7.1 acres

Approx. Age

MLS® Number 710603

Property Address: 1101 Sherwood Dr, MORRISTOWN, TN, 37814-4223

Average square foot calculated using Size range provided by listing agent.

Description

Prime 7.1-Acre Multifamily Development Parcel in Morristown, TN Unlock the potential of this exceptional 7.1-acre parcel of multifamily land, strategically located near the heart of Morristown, TN. Zoned for up to 84 units, this property presents a rare opportunity for developers or investors looking to capitalize on a growing area with strong demand for multifamily housing. Location Highlights Situated near Morristown's bustling center, this parcel offers both convenience and natural beauty: Central Access: Close to shopping centers, grocery stores, schools, and medical facilities, making it an ideal location for residents. Outdoor Attractions: Just a short drive from both Cherokee Lake and Douglas Lake, renowned for their boating, fishing, and recreational opportunities. Gateway to the Smokies: Within easy reach of the Great Smoky Mountains, offering world-class hiking, breathtaking views, and year-round outdoor activities. Thriving Community: Morristown's rich history, vibrant downtown, and welcoming atmosphere make it a highly desirable place to live and work. Development Potential With zoning for up to 84 multifamily units, the property is well-suited for a range of development opportunities, including: Apartments or townhomes. A mixed-use project incorporating housing and amenities. Senior living or other specialty housing concepts. The gently sloping terrain and accessible location make site planning straightforward, and utilities are readily available to the site. Key Amenities and Features Proximity to Amenities: Residents will enjoy convenient access to restaurants, retail, parks, and schools. Nature and Recreation: Nearby lakes and the Smoky Mountains provide endless outdoor entertainment and relaxation. Strategic Growth Area: Positioned in a thriving East Tennessee community with a growing population and increasing demand for quality housing. Ideal Investment Opportunity This property combines the convenience of urban living with the serenity of East Tennessee's stunning landscapes, offering a lifestyle that appeals to a wide range of potential residents. Whether you're an experienced developer or an investor looking for your next project, this multifamily-zoned parcel is ready to bring your vision to life. Don't miss the chance to develop a premier multifamily community in the picturesque and rapidly growing Morristown area!

MLS® Number710603

Laundry Level

Central VacNo

FireplaceNo

Acreage7.1

Exterior

GarageNo

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 5, 2026List Date

$129,000List Price

Commute

Commute

Starting Address

Destination Address

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