Catylist ID:
#30605352
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: | 2/26/2021 |
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 |
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
Luke AdkinsAvison YoungKAAR CIE Member 
Dan AdkinsAvison YoungKAAR CIE Member |
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