7350 Asheville Hwy, Knoxville, TN 37924

$1,950,000

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List Price
$1,950,000
MLS#
1348247
Status
ACTIVE
Type
Land
City
Knoxville
County
Knox

Property Description

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!

Additional Information

Acres
46.48
Lot Description
Creek, Rolling Slope, Wooded, Rolling
Lot Dimensions
46.48 acres
Zoning
Zoned Commercial, Zoned Office, Zoned Multi-Family, Zoned Residential

Mortgage Calculator

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Calculator source: Real Geeks

Agent: Azaan Kherani |

Office: Southland Realtors, Inc |