0 Knoxville DevelopmentKnoxville, TN 37932

Property Details for 0 Knoxville Development

Lot size

8.14 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 8.14-acre commercial property presents a unique investment opportunity in the thriving West Knoxville area, specifically within the Farragut jurisdiction. The land, held by a single family for over seven decades, comprises three parcels offering diverse development potential. Two parcels are zoned R-1 (Single Family Residence), allowing for residential construction, while one parcel is zoned O-1 (Office), opening possibilities for commercial development. A 2,408 square foot home, built in 1965, is situated on the O-1 zoned parcel. The property features a gently sloping terrain rising from Snyder Road, accessed via a paved asphalt lane. The location offers excellent accessibility and visibility, situated in a fully urbanized area. With its substantial size and flexible zoning, this property is ideal for a variety of development projects, catering to both residential and commercial needs. The combined zoning and existing structure provide immediate income potential and long-term growth opportunities. This is a rare chance to acquire a significant land holding in a highly desirable and rapidly developing part of Knoxville, Tennessee. The property's address is 11745 Snyder Rd, Knoxville, TN 37932. The asking price is $1,496,250.

Location Insight

City

Knoxville

County

Knox

State

Tennessee

Latitude

35.9032

Longitude

-84.1389

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