1.742 Acres Western Ave Commercial Lot

Vacant Land for Sale
Also listed as Office
Catylist Listing ID: 30741923
Property Subtypes: Office, Retail
Gross Land Area: 1.74 Acres
Sale Price: $400,000
Unit Price: $229,885 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/25/2023

Overview / Comments

Introducing a premium commercial development property! This 1.742-acre vacant lot offers Western Ave frontage, opposite the Neighborhood Walmart Market. Zoned C-H-2, with an average daily traffic count of 20,000. Don't miss this opportunity for maximum visibility and versatile commercial use. Survey and geotechnical report are available.


Finance Data Year 2022
Assessed Value - Total($) $357,500 (Annual)
Real Estate Taxes - Annual($) $5,304 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 093AB045
Zoning: C-H-2
Feet of Frontage: 361
Traffic/Vehicle Count: 20,000
Site Description: Tree-lined vacant lot with 361 feet of frontage. Gently sloping.
Area Description: Highway commercial corridor with recently completed road expansion and new retail buildings. Western Ave and McKamey Rd intersection.
Lot Frontage: 361
Lot Depth: 255
Topography: Gently Sloping
Easements: Environmental
Easements Description: Drainage and slope easement. Driveway easement on western edge of property line.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,802 74,244 173,114
Median Age: 35.56 34.68 34.71
Households: 3,699 32,679 72,950


Photograph of Listing Agent

Christa Rosenberg

Wallace Commercial KAAR CIE Member
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