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!
Listed By
Agency Name: Southland Realtors, Inc
Shown By
Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660
Estimated Payment
$ 12,524.32 per month $11,955.57 Principal & Interest $0.00 Property Tax (data not provided by mls) $568.75 Homeowner's Insurance
7350 Asheville Hwy | MLS# 1348247
This land located at 7350 Asheville Hwy, Knoxville, TN 37924 is currently listed for sale with an asking price of $1,950,000. The property has approximately 48.48 Acres. Search Knoxville real estate on www.franklinrealty.com today.