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1770 Walters DrMorristown, TN 37814
25.67 Acres - Morristown, TN
Asset ClassLand
Land25.67 Acres
overview of deal

Overview

SVN | Wood Properties presents 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).

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Investment Highlights

26± acres within city limits

Located in one of Morristown's hottest areas

Zoned R-2: allows single-family, duplex, and triplex

Density potential: ~8–9 units/acre under current zoning

Rough concept plan for 86 single-family homes

Public utilities available nearby

Close to amenities and major thoroughfares

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1770 Walters DrMorristown, TN 37814

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Listing provided by Revere CRE