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0 Mayhill RdStanton, TN 38069

28 Acres, Approved Multifamily, Blue Oval City Proximity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 28.859-acre parcel in Stanton, Tennessee, presents a prime opportunity for multifamily development. Approved for residential use and zoned R2, this property boasts 480 secured sewer taps via a Will Serve letter, with sewer service directly adjacent. Water, gas, and electric utilities are also readily accessible. The site is conveniently located just 1.25 miles from the highly anticipated Blue Oval City, offering direct access via local roads. An ALTA survey has been completed, and the land has been annexed into the Town of Stanton. The property features a generally level terrain with a slight eastern slope suitable for future detention. Recent infrastructure improvements include a full-depth reclamation rebuild of SR 179, completed in August 2024. Further enhancements are planned, including a new Exit 39 interchange on I-40, enhancing accessibility and connectivity. The area is experiencing high demand for residential development, fueled by the upcoming production start dates of SK (2025) and Ford (2027) at Blue Oval City. A potential new YMCA with daycare services is also planned nearby. This is a rare opportunity to acquire a fully permitted project with utilities already secured. The out-of-state owner is motivated to sell. Property address: 0 Mayhill Road, Stanton, TN 38069.

Highlights

  • 28.859-acre multifamily development site in Stanton, TN.
  • 1.25 miles from Blue Oval City with direct road access.
  • Annexed into Stanton, ALTA survey complete, R2 zoning.
  • 480 secured sewer taps via Will Serve letter, adjacent sewer service.
  • Adjacent water, gas, and electric utilities.
  • High residential demand due to SK (2025) and Ford (2027) production at Blue Oval City.

Property Details for 0 Mayhill Rd

Property type
Land
Lot Size (sq. ft)
1,257,098 SF

Location Insight

City
Stanton
County
Haywood
State
Tennessee
Latitude
35.457231657794
Longitude
-89.390774072394
Mayhill Rd, Stanton, Tennessee

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0 Mayhill Rd
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