Prime Residential Location, Heart of South Knoxville Waterfront

Vacant Land for Sale
Catylist Listing ID: 30733203
Property Subtypes: Residential (Single Family)
Gross Land Area: 6 Acres
Sale Price: $450,000
Unit Price: $75,000 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 8/30/2021

Overview / Comments

This 6 acre parcel +/- offers elevated exposure above the Tennessee River with quick and easy access to South Waterfront amenities, downtown Knoxville, Ijams Nature Center, the Dirty South hiking and biking trails, Meads Quarry, Ijams Nature Center, multiple river access points for both motorized and self propelled boating enjoyment.

The home on the property has been converted to multiple units, while a possible amenity, the house was moved to the location when James White Parkway was built and no warranties are offered per condition and future uses. ***Do Not Disturb Tenants***.

The site does fall within the City of Knoxville HP/Hillside Protection overlay with slope analysis provided for review.

*All measurements are approximate
*Allied Toyota building will be parceled off prior to sale
*No warranties offered on existing residence
*Do not disturb tenants
*All measurements are approximate

Additional Details

Nearest MSA: Knoxville
County: Knox
Property Located Between: Anita Dr and James White Parkway
Site Description: R-1 zoned lot perched above the headwaters of the Tennessee River, located close to trails, river access, parks and downtown Knoxville
Area Description: In the heart of the South Knoxville and Downtown lifestyle area.
Zoning Description: R-1 w/ HP overlay
Topography: Other
Easements: Pipelines, Electric Lines, Ingress/Egress
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,652 71,791 135,136
Median Age: 30.64 32.29 35.16
Households: 5,201 28,620 57,322

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