2201 Atchley st - South Knoxville Development Land
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2201 Atchley st - South Knoxville Development Land
3.02 Acres of Commercial Land Offered at £2,385,876 in Knoxville, TN 37920
INVESTMENT HIGHLIGHTS
- Potential for 42 Townhomes or More
- Less than 10 minutes to Downtown Knoxville and The University of Tennessee
- Walking Distance to Multiple Restaurants, Breweries, Parks, etc.
EXECUTIVE SUMMARY
This development site is located just off of Sevier Avenue in booming South Knoxville. The site is 3 acres, with 2 acres being buildable. Conceptual studies have been showing that it is possible to build up to 42 townhomes. These townhomes would be walking distance to all of South Knoxville's best attractions that include restaurants, breweries, and parks. The site is adjacent to an old railroad track that will soon be redeveloped into a walk way that will run parallel to Sevier Avenue. The new walkway will be an art trail that will feature art from local schools. This will allow residents at this development to easily walk to Kerns Bakery, which will feature multiple new restaurants and other attractions. This site is less than 10 minutes from Downtown Knoxville and The University of Tennessee. The seller has a survey and environmental studies in hand.
For more info, please visit the Documents tab at: https://svnwood.com/inventory/?propertyId=1291543-sale&safari-private=false
For more info, please visit the Documents tab at: https://svnwood.com/inventory/?propertyId=1291543-sale&safari-private=false
PROPERTY FACTS Under Contract
| Price | £2,385,876 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 3.02 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | £2,385,876 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 3.02 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | £2,385,876 | Lot Size | 3.02 AC |
| Price Per AC | £790,025.07 |
| Price | £2,385,876 |
| Price Per AC | £790,025.07 |
| Lot Size | 3.02 AC |
DESCRIPTION
Located just off of Sevier Avenue in booming South Knoxville.
ZONING
| Zoning Code | I-G |
| I-G |
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2201 Atchley st - South Knoxville Development Land
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