7218 Larkspur LnPowell, TN 37849

Property Details for 7218 Larkspur Ln

Lot size

3.22 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 3.22-acre commercial land parcel presents a remarkable development opportunity in the thriving Powell, Tennessee market. Situated at 7218 Larkspur Ln, Powell, TN 37849 (APN 067 09601), this property boasts 459 feet of frontage on Powell Drive, ensuring high visibility and accessibility. With a 2023 daily traffic count of 11,480 vehicles, this location offers unparalleled exposure for any commercial venture. The property's CA zoning allows for a wide range of development possibilities. Conveniently located approximately 400 yards from Clinton Highway, the site benefits from proximity to established retailers such as Walgreens, Food City, and Advance Auto Parts, creating a strong retail synergy. While a single-family residence currently occupies the land, the landlord can provide 60 days' notice to vacate, facilitating a smooth transition for development. Knox County has invested in significant flood mitigation efforts along the Powell Drive corridor, addressing potential concerns. To optimize the property's commercial potential, a curb cut on Powell Drive will be required. Importantly, this property is subject to county taxes only, eliminating city taxes, representing a significant cost advantage. This is a rare opportunity to acquire a strategically located, commercially zoned parcel in a rapidly growing area.

Location Insight

City

Powell

County

Knox

State

Tennessee

Latitude

36.019

Longitude

-84.0444

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