RUTLEDGE PIKE BLAINE, TN - THE STANLEY THURMAN ESTATE

Description

2 Homes & Garage | 516 & 530 Rutledge Pike Blaine, TN 37709 ONLINE ONLY REAL ESTATE AUCTION Selling on behalf of the Stanley Thurman Estate BIDDING BEGINS TO CLOSE: Wednesday, September 24th at 12:00PM Noon (ET) OPEN HOUSE: Monday, September 22nd from 2:00-4:00PM (ET) Multi-Property Opportunity in Blaine Community 6.50+/- Acres with 2 Homes & Garage Offered in 2 Tracts Exceptional rural property opportunity in the desirable Blaine community of Grainger County. This expansive acreage on Rutledge Pike offers incredible flexibility with multiple residences and substantial outbuilding space, perfect for investors, multi-generational families, or businesses requiring extensive storage and workspace. Property Overview Prime Grainger County location on well-traveled Rutledge Pike Convenient access to area amenities and transportation routes Flexible tract offering allows buyers to purchase according to their specific needs Multiple income potential with two separate residential structures Residential Structures Main Residence: Approximately 1,820 square foot brick ranch featuring solid construction and an unfinished basement offering expansion potential or additional storage space. Secondary Home: Approximately 1,160 square foot single-level residence providing rental income opportunity or guest/family accommodation. Commercial/Storage Potential Detached Garage Building: Massive approximately 4,000 square foot structure ideal for vehicle storage and maintenace, equipment storage for contractors or farmers, workshop space for hobbyists or small business operations, potential commercial or light industrial use. Investment Advantages The combination of residential properties and substantial outbuilding space creates potential multiple revenue streams and usage options. Whether youre seeking a primary residence, investment property, or a home-based business opportunity, this unique offering provides exceptional value and versatility in the growing Blaine community. Grainger County Parcel / Tax ID: 098 027.00 Current Yearly Property Taxes: $3,681.28 Grainger County only Lot Size: 6.50+/- acres PLEASE NOTE: A survey origination fee of $750.00 per tract will be included in the Sales Contract and paid at closing by the Buyer. LOT 1 | Single Level House 1.44+/- acres Charming Single Level Home on 1.44+/- Acres Circa 1948 Character Home with Rural Setting Step back in time with this approximately 1,160 square foot single level home offering the perfect blend of vintage charm and country living. Built around 1948, this property provides an excellent opportunity for buyers seeking acreage, restoration potential, or a peaceful rural lifestyle. Property Features Single level convenience with approximately 1,160 square feet of living space Generous 1.44+/- acres providing privacy and room to roam Attached carport with convenient adjoining storage room Historic storage building/barn adding rustic character and additional storage capacity Investment Potential Whether youre drawn to the homes vintage character, the spacious acreage, or the opportunity to create your own rural retreat, this property offers excellent value. The combination of living space, covered parking, and multiple outbuildings provides flexibility for various lifestyles and uses. Perfect for buyers seeking country living, those interested in restoration projects, or anyone wanting room to breathe on their own piece of land. PLEASE NOTE: A survey origination fee of $750.00 per tract will be included in the Sales Contract and paid at closing by the Buyer. LOT 2 | Brick Basement Ranch Home & Garage 5.06+/- acres Impressive Brick Ranch with Massive Commercial Building Approximately 1,820 Square Feet Plus 4,000 SF Detached Building Exceptional property combining comfortable residential living with substantial commercial or workshop space. This well-appointed 2 bedroom, 2 bathroom brick basement ranch built in 2003 offers modern amenities and extensive vehicle storage, complemented by a massive detached metal building (built 2001) perfect for business operations or serious hobbyists. Main Level Living Spacious kitchen featuring breakfast bar and newer appliances, including microwave installed last year Adjacent dining area for convenient meal service and entertaining Large living room with attractive standalone fireplace and laminate flooring throughout main areas Covered front and rear porches providing outdoor relaxation space Tandem 4-car attached garage with dual garage doors on main level Private Accommodations Master suite with dual closets and en suite bathroom featuring walk-in shower Generous guest bedroom with convenient adjoining half bathroom Guest bathroom equipped with relaxing garden tub Office or storage closet for workspace or organization needs Laundry/mudroom with practical sink for utility tasks Basement & Additional Storage Unfinished basement with single car garage door, spacious enough for 4 vehicles or extensive workshop operations Commercial Building Opportunity Detached 4,000 SF Metal Building (40' x 100'): Three 12-foot rollup doors (two at 5' height, one at 6' height) Interior rollup door for flexible space division Dedicated office space and two bathrooms Upstairs storage area for inventory or equipment Man door for convenient access Investment Potential This unique combination of comfortable family living and substantial commercial space offers exceptional versatility. Whether youre operating a business from home, need extensive vehicle and equipment storage, or seeking investment property with multiple revenue streams, this property delivers outstanding value and flexibility. PLEASE NOTE: A survey origination fee of $750.00 per tract will be included in the Sales Contract and paid at closing by the Buyer. Commercial Lot | Rutledge Pike Blaine, TN 37709 ONLINE ONLY REAL ESTATE AUCTION Selling on behalf of the Stanley Thurman Estate BIDDING BEGINS TO CLOSE: Wednesday, September 24th at 12:00PM Noon (ET) Prime Commercial Development Opportunity 0.73+/- Acre Strategic Location Exceptional commercial lot positioned at the high-traffic intersection of Rutledge Pike and Highway 61. This property offers maximum visibility and accessibility, making it ideal for retail, restaurant, or service business development. Location Advantages Positioning at two major roadways ensures optimal exposure Convenient access from multiple directions High daily traffic counts provide built-in customer base 0.73+/- acres offers ample space for building and parking Development Potential Perfect for businesses seeking prominent location with strong traffic flow. The strategic corner placement and generous lot size provide flexibility for various commercial ventures requiring high visibility and easy customer access. An exceptional opportunity to establish your business at one of the areas most advantageous commercial locations. Grainger County Parcel / Tax ID: 092 021.00 Yearly Property Taxes: $225.60 Grainger County only Lot Size: 0.73 +/- acre