Downtown Knoxville Development Land-River View

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30760852
Property Subtypes: Multi-Family, Retail, Other
Status: Pending
Gross Land Area: 1.30 - 1.67 Acres
Sale Price: $3,600,000
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Call for Offers: Yes
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

CALL FOR OFFERS
5pm Friday, Oct. 8, 2021
Sellers reserve the right to select a buyer to work with prior to that date
Call for Guidance on Pricing/Terms

Listed by Steve Goldman, Owner/Agent
and John Dempster

1.3-acre Downtown Knoxville tract with gorgeous views of the Tennessee River, Smoky Mountains, the architecturally impressive Henley Street bridge and Neyland Stadium. (An additional 0.37 acres is also available west of the bridge.)

Located at the southwest corner of Knoxville’s central business district, this location offers a tranquil site for a mixed-use development such as a combination of restaurant, hospitality and residential, whether walk-to-work professionals or walk-to-campus faculty or students.

This assemblage of four parcels has City Zoning of DK-B and DK-G which is favorable as it allows unlimited height and no setback requirement on any sides.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Submarket Type: Central Business District
Taxing Authority: City of Knoxville
Tax ID/APN: 094MD018,094MD022,094MD025,094ME033
Zoning: DK-B/DK-G
Property Located Between: Hill & Locust Ave
Property Visibility: Excellent
Legal Description: 4 parcels
Largest Nearby Street: Hill Ave
Airports: TYS
Zoning Description: The DK-B Downtown Knoxville Boulevards Sub-district is intended to accommodate those areas of Downtown Knoxville that have developed in a manner characterized by wide, planted boulevards.
Topography: Gently Sloping
Easements: Other
Available Utilities: Electric, Water, Sewer, Storm Drain, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,743 80,724 145,231
Median Age: 24.28 32.3 35.08
Households: 6,301 32,576 61,905

Contact

Photograph of Listing Agent

Steve Goldman, CCIM

Goldman Partners Realty, LLC KAAR CIE Member
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