Stanton Blue Oval Multifamily Land

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GE Blue Oval site
Google Earth Site
Planned roadway Blue Oval 2024
Stanton Blue Oval Multifamily Flyer v4-4
Stanton Blue Oval Multifamily Flyer v4-5
Location

Stanton, TN 38069

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Property Type

Land

Availability

Sale

Acreage

28.859

Property Highlights
  • Site is 1.25 miles from Blue Oval City – direct access via local roads
  • Tract has been annexed into Town of Stanton: ALTA survey performed
  • Zoned R2, which allows for multifamily use
  • Sewer service is contiguous to the tract – 480 taps have been secured with the Town through a Will Serve Letter
  • Water, gas and electric utilities are adjacent to the site
  • A full depth reclamation rebuild of SR 179 along the west side of the tract from SH 70 to Exit 47 on I-40 was completed in August 2024
  • Site is generally level with slight slope to the east for future detention
  • Significant roadway improvements planned for the west side of Blue Oval City, including new Exit 39 interchange on I-40
  • Potential new YMCA to be built near Blue Oval offering daycare
Price: $6,480,000 ($13,500 per unit)