sweetwater 14 acres - loopnet...scenic views, would be an excellent location for assisted living,...

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Sweetwater Property - 14 Acres Description This is property is located off Tennessee Highway 68 in Sweetwater. Approximately 14 acres, elevated, with scenic views, would be an excellent location for assisted living, medical office, or recreation vehicle park. Sweetwater is a city located in Monroe and McMinn Counties, with Interstate 75 passing along the western boundaries. Sweetwater is between Chattanooga and Knoxville. TN 68 runs in a east west direction and connects Sweetwater to the Interstate. Features Size Acres Zoning Population Traffic Count Approximately 14 acres C3 General Commercial 93, 1528 in 15 Miles 39,360 on 1-75, 6070 on TN Hwy 68 RETY TI Topography Utilities Access Nearest MSA Rolling, elevated Electric Water Sewer TN Hwy 68 and Monroe Street Knoxville 7 27 3 W Lamar Alander Pkwy I Maille, TN 37807 I 865 983-007 7 Fnk Weiskop CC/M I [email protected] I 865 389-67 99 The information presented herein is provided without warranty of any kind. Neither Knoxville Area Association of REALTORS® nor Realty Executives Associates assume any liability for errors or omissions.

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Page 1: Sweetwater 14 acres - LoopNet...scenic views, would be an excellent location for assisted living, medical office, or recreation vehicle park. Sweetwater is a city located in Monroe

Sweetwater Property - 14 Acres

Description This is property is located off Tennessee Highway 68 in Sweetwater. Approximately 14 acres, elevated, with

scenic views, would be an excellent location for assisted living, medical office, or recreation vehicle park.

Sweetwater is a city located in Monroe and McMinn Counties, with Interstate 75 passing along the western

boundaries. Sweetwater is between Chattanooga and Knoxville. TN 68 runs in a east west direction and

connects Sweetwater to the Interstate.

Features

Size Acres

Zoning

Population

Traffic Count

Approximately 14 acres

C3 General Commercial

93, 1528 in 15 Miles

39,360 on 1-75, 6070 on TN Hwy 68

REALTY E�ECllTIYES

Topography

Utilities

Access

Nearest MSA

Rolling, elevated

Electric Water Sewer

TN Hwy 68 and Monroe Street

Knoxville

7 27 3 W Lamar Alexander Pkwy I Maryville, TN 37807 I 865 983-007 7

Frank Weiskopf, CC/M I [email protected] I 865 389-67 99

The information presented herein is provided without warranty of any kind. Neither Knoxville Area Association of REALTORS® nor Realty Executives

Associates assume any liability for errors or omissions.

Page 2: Sweetwater 14 acres - LoopNet...scenic views, would be an excellent location for assisted living, medical office, or recreation vehicle park. Sweetwater is a city located in Monroe

Sweetwater Property - 14 Acre

93,129 Population

Key Facts Education

- •

� -� •

Median Age

No High 24%

$41,086 School

Diploma 41% Some College

Average Median Household High School

Household Size Income Graduate

Business Employment

--•

2,920 34,314

Total Businesses Total Employees

Income

• ,�- --

$41,086 $22,342 $67,000

Median Household Per Capita Income Median Net Worth Income

• • • • • • •

48% riiti riiti Q>. Q>. riiti riiti riiti White Collar

4-J 4-J 4-J fit fit fit 38% Blue Collar

• •

,� ,� 15% Services

Households By Income

The largest group: $50,000 - $74,999 (19.5%)

The smallest group: $200,000+ (1.7%)

Indicator Value Difference

<$15,000 15.1% +4.6%

$15,000 - $24,999 14.3% +3.8%

$25,000 - $34,999 12.8% +2.8%

$35,000 - $49,999 16.1% +2.0%

$50,000 - $74,999 19.5% -0.7%

$75,000 - $99,999 9.4% -3.6%

$100,000 - $149,999 9.0% -3.9%

$150,000 - $199,999 2.1% -2.4%

$200,000+ 1.7% -2.5%

17% Bachelor's/Grad/Prof

Degree

• Unemployment

Rate

---

--Bars show deviation from

Loudon County

Key Links

Listing on KAARCIE - go to http://www.kaarcie.com/listing/30136258

Town of Sweetwater - go to https://goo.gl/sabrjQ

Sweetwater Zoning Map - go to http://www.sweetwatertn.net/departments/pdfs/zoning_map.pdf

More Photos - go to https:/ /goo.gl/RCugf a

TOOT Traffic Counts - go to https://www.tdot.tn.gov/APPLICATIONS/traffichistory then search Monroe

County, Station 00078 and Station 000105

Google Earth go to https:/ /goo.gl/jSMVUG

The information presented herein is provided without warranty of any kind. Neither Knoxville Area Association of REALTORS® nor Realty Executives

Associates assume any liability for errors or omissions.

Page 3: Sweetwater 14 acres - LoopNet...scenic views, would be an excellent location for assisted living, medical office, or recreation vehicle park. Sweetwater is a city located in Monroe

Frank Weiskopf, CCIMLatitude: 35.59777

Senior Health Care

Longitude: -84.50557

Sweetwater - 14 acres (Ring of 15 miles)

Rings: 15 mile radii

Source:

300 New Highway 68, Sweetwater, Tennessee, 37874

American Community Survey (ACS), Esri and Bureau of Labor Statistics

POPULATION

88,520Civilian Population (ACS)

HEALTH CARE EXPENDITURES

$2,895Annual Health Insurance

Expenditures

$1,585Medical Care

SENIOR POPULATION

3,5632017 Females

Age 60-64

3,483

2017 FemalesAge 65-69

3,3312017 Males Age

60-64

3,282

2017 Males Age65-69

HEALTH CARE SPENDING

24201612840

Percent

VA Health Care

Medicaid Only

Medicare Only

Direct Purchase Ins

Employer Health Ins

Pop 35-64Pop 18-34

MEDICARE: POPULATION 65+

4,988Medicare Only

4,072Direct-Purch &

Medicare

2,506Employer &

Medicare

1,066Medicare &Medicaid

2016 Health Care (Consumer Spending) AnnualExpenditure

2016 Blue Cross/Blue Shield $981.40

2016 Medicare Payments $548.43

2016 Physician Services $179.59

2016 Dental Services $258.54

2016 Eyecare Services $49.03

2016 Lab Tests/X-rays $52.53

2016 Hospital Room & Hospital Service $156.93

2016 Convalescent/Nursing Home Care $33.48

Page 4: Sweetwater 14 acres - LoopNet...scenic views, would be an excellent location for assisted living, medical office, or recreation vehicle park. Sweetwater is a city located in Monroe

Sweetwater Property - 14 AcresHospitals, Nursing , and Care Facilities

Source: ©2017 Esri.

October 09, 2017

©2017 Esri Page 1 of 1

Page 5: Sweetwater 14 acres - LoopNet...scenic views, would be an excellent location for assisted living, medical office, or recreation vehicle park. Sweetwater is a city located in Monroe

Age 50+ ProfileSweetwater - 14 acres Frank Weiskopf, CCIM300 New Highway 68, Sweetwater, Tennessee, 37874 Latitude: 35.59777Ring: 15 mile radius Longitude: -84.50557

2017-2022 2017-2022Demographic Summary Census 2010 2017 2022 Change Annual Rate

Total Population 89,209 93,129 95,816 2,687 0.57%Population 50+ 34,603 39,440 42,844 3,404 1.67%Median Age 42.0 44.0 45.5 1.5 0.67%Households 35,723 37,070 38,042 972 0.52%% Householders 55+ 48.3% 52.7% 55.9% 3.2 1.19%Total Owner-Occupied Housing Units 26,085 26,215 26,898 683 0.52%Total Renter-Occupied Housing Units 9,638 10,856 11,143 287 0.52%Owner/Renter Ratio (per 100 renters) 2.7 2.4 2.4 0.0 0.00%Median Home Value - $139,899 $157,899 $18,000 2.45%Average Home Value - $192,335 $215,129 $22,794 2.27%Median Household Income - $41,086 $45,199 $4,113 1.93%Median Household Income for Householder 55+ - $36,459 $39,391 $2,932 1.56%

Population by Age and Sex Census 2010 2017 2022

Male Population Number % of 50+ Number % of 50+ Number % of 50+Total (50+) 16,193 100.0% 18,664 100.0% 20,453 100.0%

50-54 3,239 20.0% 3,196 17.1% 3,201 15.7%55-59 3,013 18.6% 3,337 17.9% 3,341 16.3%60-64 3,087 19.1% 3,331 17.8% 3,572 17.5%65-69 2,553 15.8% 3,282 17.6% 3,473 17.0%70-74 1,851 11.4% 2,498 13.4% 2,979 14.6%75-79 1,196 7.4% 1,539 8.2% 2,050 10.0%80-84 732 4.5% 844 4.5% 1,106 5.4%85+ 522 3.2% 637 3.4% 731 3.6%

Census 2010 2017 2022Female Population Number % of 50+ Number % of 50+ Number % of 50+Total (50+) 18,410 100.0% 20,776 100.0% 22,392 100.0%

50-54 3,320 18.0% 3,312 15.9% 3,187 14.2%55-59 3,253 17.7% 3,497 16.8% 3,483 15.6%60-64 3,251 17.7% 3,563 17.1% 3,772 16.8%65-69 2,750 14.9% 3,483 16.8% 3,674 16.4%70-74 1,980 10.8% 2,663 12.8% 3,121 13.9%75-79 1,534 8.3% 1,797 8.6% 2,365 10.6%80-84 1,137 6.2% 1,147 5.5% 1,411 6.3%85+ 1,185 6.4% 1,314 6.3% 1,379 6.2%

Census 2010 2017 2022Total Population Number % of Total Pop Number % of Total Pop Number % of Total PopTotal(50+) 34,603 38.8% 39,440 42.4% 42,844 44.7%

50-54 6,559 7.4% 6,508 7.0% 6,388 6.7%55-59 6,266 7.0% 6,834 7.3% 6,824 7.1%60-64 6,338 7.1% 6,893 7.4% 7,343 7.7%65-69 5,302 5.9% 6,765 7.3% 7,146 7.5%70-74 3,831 4.3% 5,161 5.5% 6,101 6.4%75-79 2,731 3.1% 3,336 3.6% 4,415 4.6%80-84 1,869 2.1% 1,992 2.1% 2,517 2.6%85+ 1,707 1.9% 1,951 2.1% 2,110 2.2%

65+ 15,440 17.3% 19,205 20.6% 22,289 23.3%75+ 6,307 7.1% 7,279 7.8% 9,042 9.4%

Data Note - A "-" indicates that the variable was not collected in the 2010 Census.Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

October 09, 2017

©2017 Esri Page 1 of 3

Page 6: Sweetwater 14 acres - LoopNet...scenic views, would be an excellent location for assisted living, medical office, or recreation vehicle park. Sweetwater is a city located in Monroe

Age 50+ ProfileSweetwater - 14 acres Frank Weiskopf, CCIM300 New Highway 68, Sweetwater, Tennessee, 37874 Latitude: 35.59777Ring: 15 mile radius Longitude: -84.50557

2017 Households by Income and Age of Householder 55+55-64 Percent 65-74 Percent 75+ Percent Total Percent

Total 7,567 100% 7,207 100% 4,762 100% 19,536 100%<$15,000 1,244 16.4% 1,140 15.8% 987 20.7% 3,371 17.3%$15,000-$24,999 902 11.9% 1,173 16.3% 1,253 26.3% 3,328 17.0%$25,000-$34,999 884 11.7% 974 13.5% 809 17.0% 2,667 13.7%$35,000-$49,999 1,137 15.0% 1,233 17.1% 659 13.8% 3,029 15.5%$50,000-$74,999 1,433 18.9% 1,159 16.1% 588 12.3% 3,180 16.3%$75,000-$99,999 832 11.0% 571 7.9% 238 5.0% 1,641 8.4%$100,000-$149,999 782 10.3% 671 9.3% 153 3.2% 1,606 8.2%$150,000-$199,999 166 2.2% 174 2.4% 52 1.1% 392 2.0%$200,000+ 187 2.5% 114 1.6% 24 0.5% 325 1.7%

Median HH Income $43,811 $37,907 $26,288 $36,459Average HH Income $59,519 $53,710 $37,954 $52,111

2022 Households by Income and Age of Householder 55+55-64 Percent 65-74 Percent 75+ Percent Total Percent

Total 7,628 100% 7,829 100% 5,807 100% 21,264 100%<$15,000 1,155 15.1% 1,190 15.2% 1,169 20.1% 3,514 16.5%$15,000-$24,999 781 10.2% 1,129 14.4% 1,430 24.6% 3,340 15.7%$25,000-$34,999 770 10.1% 951 12.1% 928 16.0% 2,649 12.5%$35,000-$49,999 1,038 13.6% 1,263 16.1% 787 13.6% 3,088 14.5%$50,000-$74,999 1,424 18.7% 1,254 16.0% 738 12.7% 3,416 16.1%$75,000-$99,999 992 13.0% 747 9.5% 367 6.3% 2,106 9.9%$100,000-$149,999 998 13.1% 885 11.3% 257 4.4% 2,140 10.1%$150,000-$199,999 234 3.1% 243 3.1% 90 1.5% 567 2.7%$200,000+ 236 3.1% 168 2.1% 40 0.7% 444 2.1%

Median HH Income $50,814 $41,391 $27,577 $39,391Average HH Income $69,546 $62,137 $43,437 $59,688

Data Note: Income is reported for households as of July 1, 2017 and represents annual income for the preceding year, expressed in 2016 dollars. Income is reported for households as of July 1, 2022 and represents annual income for the preceding year, expressed in 2021 dollars.Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

October 09, 2017

©2017 Esri Page 2 of 3

Page 7: Sweetwater 14 acres - LoopNet...scenic views, would be an excellent location for assisted living, medical office, or recreation vehicle park. Sweetwater is a city located in Monroe

Age 50+ ProfileSweetwater - 14 acres Frank Weiskopf, CCIM300 New Highway 68, Sweetwater, Tennessee, 37874 Latitude: 35.59777Ring: 15 mile radius Longitude: -84.50557

Census 2010 Households and Age of Householder Number Percent % Total HHsTotal 17,251 100.0% 48.3%

Family Households 10,821 62.7% 30.3%Householder Age 55-64 5,073 29.4% 14.2%Householder Age 65-74 3,800 22.0% 10.6%Householder Age 75-84 1,616 9.4% 4.5%Householder Age 85+ 332 1.9% 0.9%

Nonfamily Households 6,430 37.3% 18.0%Householder Age 55-64 2,175 12.6% 6.1%Householder Age 65-74 1,942 11.3% 5.4%Householder Age 75-84 1,540 8.9% 4.3%Householder Age 85+ 773 4.5% 2.2%

Census 2010 Occupied Housing Units by Age of Householder Number Percent % Total HHsTotal 17,249 100.0% 48.3%Owner Occupied Housing Units 14,039 81.4% 39.3%

Householder Age 55-64 5,824 33.8% 16.3%Householder Age 65-74 4,846 28.1% 13.6%Householder Age 75-84 2,604 15.1% 7.3%Householder Age 85+ 765 4.4% 2.1%

Renter Occupied Housing Units 3,210 18.6% 9.0%Householder Age 55-64 1,423 8.2% 4.0%Householder Age 65-74 896 5.2% 2.5%Householder Age 75-84 552 3.2% 1.5%Householder Age 85+ 339 2.0% 0.9%

Data Note: A family is defined as a householder and one or more other people living in the same household who are related to the householder by birth, marriage, or adoption. Nonfamily households consist of people living alone and households that do not contain any members who are related to the householder. The base for "% Pop" is specific to the row. A Nonrelative is not related to the householder by birth, marriage, or adoption.Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

October 09, 2017

©2017 Esri Page 3 of 3

Page 8: Sweetwater 14 acres - LoopNet...scenic views, would be an excellent location for assisted living, medical office, or recreation vehicle park. Sweetwater is a city located in Monroe

Executive SummarySweetwater - 14 acres Frank Weiskopf, CCIM300 New Highway 68, Sweetwater, Tennessee, 37874 Latitude: 35.59777Rings: 15 mile radii Longitude: -84.50557

15 milesPopulation

2000 Population 79,2462010 Population 89,2092017 Population 93,1292022 Population 95,8162000-2010 Annual Rate 1.19%2010-2017 Annual Rate 0.59%2017-2022 Annual Rate 0.57%2017 Male Population 49.0%2017 Female Population 51.0%2017 Median Age 44.0

In the identified area, the current year population is 93,129. In 2010, the Census count in the area was 89,209. The rate of change since 2010 was 0.59% annually. The five-year projection for the population in the area is 95,816 representing a change of 0.57% annually from 2017 to 2022. Currently, the population is 49.0% male and 51.0% female.

Median Age

The median age in this area is 44.0, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 90.5%2017 Black Alone 3.2%2017 American Indian/Alaska Native Alone 0.4%2017 Asian Alone 0.7%2017 Pacific Islander Alone 0.0%2017 Other Race 3.1%2017 Two or More Races 2.0%2017 Hispanic Origin (Any Race) 5.8%

Persons of Hispanic origin represent 5.8% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 27.0 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 31,6422010 Households 35,7232017 Total Households 37,0702022 Total Households 38,0422000-2010 Annual Rate 1.22%2010-2017 Annual Rate 0.51%2017-2022 Annual Rate 0.52%2017 Average Household Size 2.47

The household count in this area has changed from 35,723 in 2010 to 37,070 in the current year, a change of 0.51% annually. The five-year projection of households is 38,042, a change of 0.52% annually from the current year total. Average household size is currently 2.47, compared to 2.46 in the year 2010. The number of families in the current year is 25,739 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

October 09, 2017

©2017 Esri Page 1 of 2

Page 9: Sweetwater 14 acres - LoopNet...scenic views, would be an excellent location for assisted living, medical office, or recreation vehicle park. Sweetwater is a city located in Monroe

Executive SummarySweetwater - 14 acres Frank Weiskopf, CCIM300 New Highway 68, Sweetwater, Tennessee, 37874 Latitude: 35.59777Rings: 15 mile radii Longitude: -84.50557

15 milesMedian Household Income

2017 Median Household Income $41,0862022 Median Household Income $45,1992017-2022 Annual Rate 1.93%

Average Household Income

2017 Average Household Income $55,3772022 Average Household Income $63,4472017-2022 Annual Rate 2.76%

Per Capita Income2017 Per Capita Income $22,3422022 Per Capita Income $25,4862017-2022 Annual Rate 2.67%

Households by IncomeCurrent median household income is $41,086 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $45,199 in five years, compared to $62,316 for all U.S. households

Current average household income is $55,377 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $63,447 in five years, compared to $91,585 for all U.S. households

Current per capita income is $22,342 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $25,486 in five years, compared to $34,828 for all U.S. households Housing

2000 Total Housing Units 34,9422000 Owner Occupied Housing Units 24,0902000 Renter Occupied Housing Units 7,5522000 Vacant Housing Units 3,300

2010 Total Housing Units 40,5122010 Owner Occupied Housing Units 26,0852010 Renter Occupied Housing Units 9,6382010 Vacant Housing Units 4,789

2017 Total Housing Units 42,1802017 Owner Occupied Housing Units 26,2152017 Renter Occupied Housing Units 10,8562017 Vacant Housing Units 5,110

2022 Total Housing Units 43,5942022 Owner Occupied Housing Units 26,8982022 Renter Occupied Housing Units 11,1432022 Vacant Housing Units 5,552

Currently, 62.2% of the 42,180 housing units in the area are owner occupied; 25.7%, renter occupied; and 12.1% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 40,512 housing units in the area - 64.4% owner occupied, 23.8% renter occupied, and 11.8% vacant. The annual rate of change in housing units since 2010 is 1.81%. Median home value in the area is $139,899, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 2.45% annually to $157,899.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

October 09, 2017

©2017 Esri Page 2 of 2

Page 10: Sweetwater 14 acres - LoopNet...scenic views, would be an excellent location for assisted living, medical office, or recreation vehicle park. Sweetwater is a city located in Monroe