$44,900
Knoxville, TN 37917
MLS# 1266638
1 / 1
Property Description
Prime Development Opportunity: I-640 at Washington Pike Intersection, Knoxville, TN Address: Southwest Corner, I-640 & 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 thoroughfares enhances connectivity to the broader Knoxville area and beyond. 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 endless 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.
Details
Maps
Location, Tax & Legal Info
Street Name: Valley View
St Suffix: Drive
State/Province: TN
Zip Code: 37917
Area: Knox County - 1
City/County Code: City Limits
PIN #: 059KA001
Total Tax: 622.28
Geo Lat: 36.031029
Geo Lon: -83.89058
Contract Info
Auction Y/N: No
Listing Price: 44900
Current Price: $44,900
Status: Active
Listing Date: 2024-06-18
Cooperation Comp: 4
Compensation Type: %
General Property Description
Lot Dimensions: 564x464 IRR
Acres: 2.8
Acre Source: Tax Records
Restrictions: No
Property Status: N/A
Remarks & Misc
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.
Public Remarks: Prime Development Opportunity: I-640 at Washington Pike Intersection, Knoxville, TN
Address: Southwest Corner, I-640 & 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 thoroughfares enhances connectivity to the broader Knoxville area and beyond.
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 endless 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.
Status Change Info
Status Change Date: 2024-06-18
Property Features
Property Sub-Type: Single Family
Topography: Partially Cleared; Rolling
Road Frontage: Other
Road Access: Other
Sale Options: Fee Simple
Improvements: None
Easements: Power Line/TVA
Lot Description: Irregular Lot; Rolling Slope; Wooded
Documents on File: None
Developmnt Potential: Commercial; Single Family
Utilities Available: None
Zoning: Zoned Residential
Present Structures: None
Undeveloped: Fenced - Partial; Other
New Financing: Cash; Conventional; FHA; THDA; USDA Loan; VA Loan
Listing Office: Knoxville Fine Homes Realty
Office Phone: 865-675-3788
Last Updated: July - 01 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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