$44900 Price Analysis    ♡   Knoxville, TN 37917 Unknown bed 0 bath unknown SqFt ($0/SqFt) 2.8 acre lot. Listed 2024-06-18 | Ⓧ USDA Ineligible due to property near Knoxville |
Prime Development Opportunity: I-640 at Washington Pike Intersection
Knoxville, TN Address: Southwest Corner, I-640 and Washington Pike, Knoxville, TN Price: Listed below Tax Appraisal! Zoning: Residential with Vast Development Potential Discover a unique investment opportunity at the southwest corner of the I-640 and Washington Pike intersection in Knoxville, Tennessee. This prime property, currently zoned residential, offers an array of possibilities for visionary developers and investors. Key Features: Strategic Location: High Visibility: Positioned prominently at a major intersection in Knoxville, offering unmatched visibility and convenient access to I-640. Corner Lot: The southwest corner location provides excellent frontage on Washington Pike, enhancing its appeal for future developments. Exceptional Value: Priced to Sell: Listed below tax appraisal, presenting an incredible value proposition for savvy buyers looking to capitalize on Knoxville's thriving real estate market. Potential for Appreciation: Rezoning opportunities could significantly boost property value, opening doors to diverse development prospects. Accessibility: Planned Easement: A new access easement from Valley View Rd is being secured, ensuring smooth entry and exit for future projects. Proximity to Major Routes: Immediate access to I-640 and nearby thoroughfres enhances connectivity to the broader Knoxville area and bey ond. Development Possibilities: Versatile Use: Perfect for residential, commercial or mixed-use development. Ideal for creating a new residential community, a retail complex or a blend of both. Growth Potential: Located in a rapidly developing area of Knoxville with rising demand for residential and commercial spaces. Community and Amenities: Proximity to Amenities: Close to shopping, dining, schools and recreational facilities, making it attractive for various development projects. Neighborhood Growth: Situated in a thriving part of Knoxville poised for future expansion and improvements. Development Insights: Explore the potential to rezone for commercial use, capitalizing on the high traffic and visibility from I-640. Consider mixed-use projects that combine residential units with retail or office spaces, creating a vibrant community hub. Engage with Knoxville city planners to understand the full spectrum of possibilities this prime location offers. Why Knoxville? Knoxville is a city on the rise, known for its vibrant community, growing economy and strategic location in East Tennessee. This property places you at the heart of it all, with excellent access to both local amenities and major transportation routes. Whether you're looking to invest in residential growth, retail opportunities or mixed-use developments, Knoxville provides a supportive environment for your vision. Next Steps: Seize this unique opportunity at a competitive price!
With the easement from Valley View Rd being finalized, now is the perfect time to explore the property's full development potential and take advantage of Knoxville's growing market. Contact us today for more details and to schedule a viewing. Don't miss out on this prime piece of Knoxville real estate with infinite possibilities! Buyer to verify all details. This addition ensures that potential buyers are aware of the need to confirm all information independently, protecting both the seller and the buyer.
Presented by Ed Harrison at
Knoxville Fine Homes Realty.
Property MLS #1266638 from EastTennessee
Lot Size Acres: 2.8
Lot Size Dimensions: 564x464 IRR
Lot Size Source: Tax Records
Lot Size Square Feet: 121968
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active
County: Knox County - 1
Directions: I-640 and Washington Pike. Southwest Corner. Can walk up to the property if you are on the eastbound exit ramp of I-640 at the Washington Pike exit. The property will be on the right side of 640.
Disclaimer: No
Source Property Type: Lots & Acreage
Area: Knox County - 1
MLS Area Minor: Knox County - 1
Source Neighborhood: Knox County - 1
Parcel Number: 059KA001
Zoning: Zoned Residential
Zoning Description: Zoned Residential
Source System Name: C2C
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Map directions Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.