- For Sale $774,000
- Property Type VacantLand
- Property Size 1,282 SF
- Units 1
- Lot Size 25.67 Acre
- Building Class C
- Year Built 1929
- Date Updated May 15, 2026
Description
Located in Morristown, TN near many retailers and local amenities.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).
Highlights
- 26± acres within city limits
- Close to amenities and major thoroughfares
- Density potential: ~8–9 units/acre under current zoning
- Located in one of Morristown's hottest areas
- Public utilities available nearby
- Rough concept plan for 86 single-family homes
- Zoned R-2: allows single-family, duplex, and triplex
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Contacts
Jon Roosen
SVN | Wood Properties
Location
Contact Listing Broker
Jon Roosen
SVN | Wood Properties