16 + Acres, Nixon Rd and Chapman Highway

Vacant Land for Sale
Catylist Listing ID: 30758130
Property Subtypes: Agricultural, Hospitality, Multi-Family, Office, Residential (Single Family), Retail-Pad, Self Storage
Gross Land Area: 16.30 Acres
Sale Price: $489,000
Unit Price: $30,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/23/2022

Overview / Comments

211 Nixon Road offers 12.3 acres of land that rises up from the north side of Nixon Rd. Current zoning is AG with City of Knoxville HP (Hillside Protection) overlay, with an accessory parcel of 4.0 acres +/- along the southeast side of Nixon Rd. The cell tower is currently excluded from the sale and deemed an easement on the property.

Potential Highest and best uses included SFR, Storage, Urban Agriculture and more. The owners would prefer to sell the parcels as an entirety. Buyer to confirm availability of utilities to site.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: City of Knoxville/Knox County
Zoning: AG/HP
Property Located Between: Chapman Highway and Nixon Road
Property Visibility: Good
Largest Nearby Street: Chapman Highway
Site Description: This central location offers quick access to Downtown Knoxville (5 miles) Knoxville Urban Wilderness (2.5 miles) and major amenities (1 mile) in the rapidly emerging South Knoxville market.
Area Description: Located in quickly developing South Knoxville, offering great access to all amenities, South Knox parks and downtown.
Zoning Description: AG and some HP overlay.
Topography: Rolling
Easements: Other
Easements Description: Cell tower easement plus other common easements.
Soil Type: Mixed

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 18,009 68,442
Median Age: 39.28 35.56
Households: 7,816 27,046

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