Excellent location where hwy 15 and lamey bridge meet, surrounded by bridgewood and longwood developed communities. Well suited for an apartment community, assisted living or other residential development. Mitigation credits were already purchased. High elevation, not in a flood zone. Past plans for an apt community are attached. Although current zoning is low-density, previous zoning was approved for new development of high density multifamily. Owner will consider joint venture! Flyover video: https://youtu. Be/t4topc_am9m
The vacancy rate of homes in 39540 is
10.35% with 43.55% of homes being owner-occupied. The median household income in 39540 is $46319 per year with those between 45 and 64 having the highest median income at $49496.