
16.46+/- acres of Commercial Land – 4382 Roane State Highway – Rockwood, TN 37854
ONLINE ONLY REAL ESTATE AUCTION
Commercial Development Land Adjacent to Roane State Community College
BIDDING BEGINS TO CLOSE:
Thursday, July 31st
at 12:00PM – Noon (ET)
EXPERIENCE UNMATCHED COMMERCIAL OPPORTUNITY ON THIS REMARKABLE 16.46+/- ACRE DEVELOPMENT SITE
This premium property directly adjoins Roane State Community College with approximately 6,000 students and a 72,000 square foot expo center, providing an established customer base and exceptional development potential. Comprised of 7 strategically assembled parcels featuring C-2 Highway Business District zoning. Excellent development potential for self-storage or multi-family/student housing.
SUPERIOR DEVELOPMENT INFRASTRUCTURE
This exceptional commercial site provides immediate development advantages, offering:
- Existing 143,000+/- square foot concrete pad ready for construction
- Approximately 968 feet of total road frontage with dual access points
- 343+/- feet of frontage on Roane State Highway ensuring prime visibility
- 625+/- feet of frontage on Brown West Drive providing additional access
- All utilities available to the property eliminating infrastructure delays
- Seven assembled parcels providing flexible development configuration
- College-adjacent positioning with established institutional anchor
ADVANTAGEOUS COMMERCIAL ZONING
The C-2 Highway Business District designation provides excellent commercial flexibility:
- Highway Business zoning allowing diverse commercial and retail applications
- Accommodates shopping centers, restaurants, hotels, entertainment venues, and professional services
- Flexible development standards supporting various business configurations
- Established commercial corridor with supporting infrastructure
- Premium zoning classification ideal for student-oriented and general commercial ventures
EXCEPTIONAL INSTITUTIONAL ADJACENCY
This premier location offers direct access to a thriving educational community:
- Roane State Community College – Immediate adjacency to campus with 6,000 students
- 72,000 SF Expo Center – Major event venue driving additional traffic and visitors
- Year-round student population providing consistent customer base
- College events and activities generating regular foot traffic and business opportunities
- Educational institutional stability ensuring long-term market demand
EXCEPTIONAL ROAD FRONTAGE AND ACCESS
This strategic property maximizes commercial exposure and accessibility:
- Total road frontage of approximately 968 feet across two major roadways
- Roane State Highway frontage – 343+/- feet providing premium highway visibility
- Brown West Drive frontage – 625+/- feet offering additional access and exposure
- Dual frontage configuration maximizing customer access and operational flexibility
This strategic location offers strong traffic accessibility with documented counts:
- Patton Lane – 3,552 average daily traffic count (Location ID: 73000117)
- Roane State Highway (Highway 70) – 4,734 average daily traffic count (Location ID: 73000043)
- Multiple access points maximizing traffic capture from various directions
- College-generated traffic supplementing general roadway volumes
- Event-driven traffic from expo center activities
DIVERSE COMMERCIAL OPPORTUNITIES
INFRASTRUCTURE AND UTILITY ADVANTAGES
The property’s development-ready status includes:
- Substantial existing concrete pad eliminating major site preparation
- Complete utility availability including water, sewer, electric, and telecommunications
- Multiple road connections providing diverse access options
- Established commercial infrastructure supporting immediate occupancy
- Strategic parcel assembly creating optimal development configuration
This exceptional 16.46+/- acre college-adjacent commercial property represents a rare opportunity to secure prime institutional frontage real estate with C-2 zoning, existing infrastructure, and immediate access to a thriving educational community. Whether you envision student-oriented retail, hospitality development, shopping centers, or other commercial applications, this strategically positioned property offers unmatched advantages with existing concrete pad infrastructure and utility availability.
Don’t miss this chance to establish your commercial presence adjacent to Roane State Community College with proven traffic volumes, existing development infrastructure, and access to a stable institutional customer base!
Roane County Parcel / Tax IDs:
056 009.01, 056 009.03, 056 009.04, 056 009.05, 056 009.12, 056 009.13, and 056 009.14
Yearly Property Taxes:
$3,645.03 – total yearly taxes | $1,134.01 – City of Rockwood and $2,511.02 – Roane County
Lot Size:
16.46 +/- acres
Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.
Executive Real Estate Title will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before August 29th, 2025.
The contract will not be contingent upon financing, inspections or any other contingencies.
Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**
Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.
New Bidders, please Pre-Register, we will have to approve you to Bid!