$5,250,000

16.40 ac

Lot

About This Property

102-lot residential development opportunity in Knoxville, Tennessee. Building permits can be pulled immediately with all roads and infrastructure already in place. The lots are a mixture of slab on grade, crawl, and basement with some needing more clearing and grading than others. The average lot size is 70 x 100 with some lots larger. The existing community amenities include a pool and playground. The property is located within the Silverstone Subdivision which is centrally located in the Halls community, a growing suburb of Knoxville that benefits from many major employers and retailers. Knoxville has quickly become one of the top growth markets in the U.S. for home values and sales, with home prices surging among the fastest nationwide in recent years and strong buyer demand keeping the market competitive. A big part of that growth is driven by inbound migration as more people move here from other states drawn by Knoxville's affordability, quality of life, and economic opportunities. This offering provides a rare critical mass of finished, shovel-ready lots in a market where entitled and infrastructure-complete inventory is increasingly scarce. Opportunities of this scale are hard to find in Knoxville, making this development opportunity an exceptional chance to meet the area's continued housing demand.

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