Development Ready 102-unit BFR Community
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30763600 |
| Property Subtypes: |
Multi-Family, Residential (Single Family)
|
| Status: |
Pending/Contingent |
| Gross Land Area: |
26.84 Acres
|
| Sale Price: |
$2,499,000 |
| Unit Price: |
$93,107 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/22/2023 |
Overview / Comments
SVN | Wood Properties is pleased to exclusively present this shovel ready, fully approved build for rent community. The site is approved for 102 detached single family units, a product that is in high demand in the Knoxville market. The site is fully entitled, inclusive of engineering plans, and a buyer can expect to be able to start moving dirt soon after closing. All plans and approvals are included in the sale of the property.
Further, the property is conveniently located within the rapidly-growing Hardin Valley submarket and is zoned for Hardin Valley schools, which are known to be the most desirable in Knox County. In addition, I-40 is only two miles southwest of the site and Turkey Creek, West Knoxville's premier retail destination, is only a ten minute drive away.
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Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Taxing Authority: |
Knox County |
| Tax ID/APN: |
129 142 |
| Zoning: |
PLANNED RESIDENTIAL ("PR") |
| Available Utilities: |
Electric, Water, Gas, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
14,657 |
41,692 |
| Median Age: |
45.11 |
43.5 |
| Households: |
5,562 |
16,009 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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