Amazing Investment Opportunity! 8.12 Acres with Commercial or Residential Potential! This expansive 8.12-acre property offers endless possibilities for development, making it an exceptional investment opportunity. Zoned for both commercial and residential use, this prime piece of land is perfect for building homes, condos or retail establishments to meet the growing demand in the area. Located in the heart of Scott County, this property enjoys a strategic location near popular amenities. Situated just a stone's throw away from Walmart and Oneida Elementary School, it offers the convenience of nearby shopping and excellent educational facilities. Nestled close to the renowned Big South Fork Recreational Center, ATV trails, and parks, this property caters to those seeking an active and adventurous lifestyle. The area is a haven for outdoor enthusiasts and nature lovers, attracting visitors from near and far. The property is conveniently located within city limits, ensuring easy access to utilities and municipal services. With good road frontage and excellent connectivity, it offers convenient ingress and egress, facilitating smooth traffic flow. Do not miss out on this opportunity to develop a lucrative residential or commercial project in an in-demand location. Act now and turn this vacant canvas into a thriving investment. Schedule a visit today and unlock the true potential of this remarkable property!
Property Details
Property Features
Listing Office:
Office Name: ReMax First
Office Phone: (865) 981-1004
Exterior Features
Exterior Information:
Waterfront: Other
Lot Features
Lot Information:
Lot: Rolling/Hilly, Other
Lot Size: 8.12 Acres
Other
Directions Information:
Directions: From US Highway 27 turn Right onto Claude Terry Drive (at Walmart and Oneida Elementary entrance), follow Claude Terry Drive to property on left - sign on property.
Price Information
Listing Price Info
Price Summary:
List Price: $575,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Oneida, TN.
This property is $345K more than the Median Sold Price in Oneida, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1227729
Listing Office:
Office Name: ReMax First
Office Phone: (865) 981-1004
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,937
Per Month
Principal & Interest
$2,870
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,790
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Oneida Elementary School
330 Claude Terry Dr
Distance between this listing and this school0.14 miles
Public District Grades PK-5
5
/10
Huntsville Elementary School
3221 Baker Hwy
Distance between this listing and this school6.95 miles
Public District Grades PK-5
6
/10
Pine Knot Elementary School
6519 S Highway 1651
Distance between this listing and this school11.03 miles
Public District Grades KG-5
Nearby Schools
5
/10
Oneida Middle School
376 N Main St
Distance between this listing and this school0.48 miles
Public District Grades 6-8
4
/10
Burchfield Elementary School
1112 W 3rd Ave
Distance between this listing and this school1.51 miles
Public District Grades PK-8
5
/10
Winfield Elementary School
23366 Scott Hwy
Distance between this listing and this school3.54 miles
Public District Grades PK-8
Nearby Schools
7
/10
Oneida High School
372 N Main St
Distance between this listing and this school0.51 miles
Public District Grades 9-12
4
/10
Scott High School
400 Scott High Dr
Distance between this listing and this school7.22 miles
Public District Grades 9-12
4
/10
McCreary Central High School
400 Raider Way
Distance between this listing and this school13.85 miles
The neighbors living near this home have an average income of $24,048. Residents of Oneida, TN typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Claude Terry Dr
What is the listing price of this property?
The listing price of Claude Terry Dr property is $575,000.
What type of property is this?
The property Claude Terry Dr is land located in Oneida, Tennessee, 37841.
Is this property for sale now?
Active Listing: Claude Terry Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Claude Terry Dr in Oneida, TN and zip code 37841. This home sits on a 8.12 acre lot. It has been listed on Rocket Homes since May 20, 2023 and is currently priced at $575,000.
Over 0 listings were sold over their listed price in November 2024 in Oneida, TN. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. Between October 2024 and November 2024, Oneida, TN real estate market has seen increase in the number of listings by 7.7%. In November 2024 median list price was $230,000 and the average listing age was 175 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
Monster Trucks
Monster Trucks
NASCAR
Hunting
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Chevrolet
GMC
Ram
Country
Oldies