East Knoxville · Knoxville, TN 37924 · Knox County
14 days on market · MLS# 1348247
Home Facts
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Beds
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Baths
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Sqft
46.48 ac
Lot
About This Property
Prime development opportunity awaits at 7350 Asheville Highway in Knoxville! Spanning over 46 sprawling acres with no city taxes, this high-potential tract offers an exceptional dual-use layout featuring approximately 2 acres of CA-zoned commercial frontage in the front, perfectly positioned for business use, with roughly 45 acres of PR-zoned residential land extending behind it. Designed to accommodate high-density growth, the Knoxville-Knox County Planning commission (MPC) may allow up to 8 units per acre, and a conceptual plan is already in place for single-family lots, condominiums, or apartments. Developers will appreciate that all major utilities run directly along the property at the lot lines, as well as the convenience of multiple established access points for the residential subdivision. Boasting superb location dynamics, the property sits just a quarter-mile from the Food City at Brakebill Road and is surrounded by several thriving, high-density subdivisions within a one-mile radius. Do not miss this turnkey, highly versatile development canvas in one of East Tennessee's rapidly expanding corridors!
Property Details
Lot
creek, rolling slope, wooded, rolling
Market Snapshot
30-Yr Fixed Rate
6.58%
National avg · FRED / Freddie Mac
Est. Monthly Payment
$10,899
20% down · 30-yr fixed
$9,942P&I · $209 taxes
Location
Similar Homes Nearby
Walkability
12
Walk
Almost All Errands Require a Car
0
Transit
Minimal Transit
12
Bike
Minimal Biking Infrastructure
