South Knoxville Redevelopment Opportunity

Vacant Land for Sale
Catylist Listing ID: 30605352
Property Subtypes: Hospitality, Multi-Family, Retail, Retail-Pad
Gross Land Area: 5.89 Acres
Sale Price: $12,500,000
Unit Price: $2,122,241 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/14/2020

Overview / Comments

The Development Opportunity consists of 2 main parcels along the Tennessee River in the heart of Knoxville’s South Waterfront Redevelopment District. The primary parcel is 5.89 acres and is comprised primarily of open gravel yard, with river access via a pier and a barge dock and features more than 850 feet of
waterfront. The site contains a 20,471 SF building with combined office and truck shop and an older storage building. The secondary parcel consists of 4.2 acres of
open space including over 900 feet of waterfront along an old railroad bed.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 108EA006
Zoning: FD-SW-4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,468 74,577 138,045
Median Age: 23.79 31.75 34.99
Households: 4,839 29,808 58,500

Contact

Photograph of Listing Agent

Dan Adkins

Avison Young KAAR CIE Member
Photograph of Listing Agent

Luke Adkins

Avison Young KAAR CIE Member
Photograph of Listing Agent

James Rick Gentry

Avison Young KAAR CIE Member
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