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7350 Asheville Hwy, Knoxville, TN 37924

$1,950,000
  • 7350 Asheville Hwy, Knoxville, TN 37924 Main Photo

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New to the Market Active
LOT SIZE 48.480 acres MLS#1348247
STATUSActive PROPERTY TYPELand - Farm

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!

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 tfranklin.franklinrealty.com today.

Property Features

Property Type: Land - Farm
Lot Size: 48.48 Acres

Feature Descriptions

Days on Site: 1
Lot: Creek, Rolling, Wooded, Rolling Slope
Lot Dimensions: 46.48 acres
Parcel #: 061 08305
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: Southland Realtors, Inc

Shown By

Agent Name: Tammy Franklin
Agent Phone: (865) 654-1110
Agency Title: Franklin Realty Inc.

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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

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