$2,700,000

Knoxville, Tennessee is full of potential for investors but as time goes on it is getting harder to find qualified investment properties that can be used and/or rezoned. Well, here is your opportunity. This property sits on the northeast side of Knoxville where land is becoming a premium for businesses and land development, especially the Rutledge Pike area. The property offers plenty of acreage for commercial growth as well as expandable residential growth into single family or vertical condominiums. Access to the property is extremely easy using Interstate 75 and the 640 Bypass. Making it perfect for commercial vehicle traffic. If residential is your potential growth market then building in this area is ideal as it's minutes from downtown and minutes from other major suburbs. Utilities are located on Rutledge Pike like brand new high speed fiber optic cable. Located on the property are several existing buildings including a rustic cedar cabin that can be used for a potential business office space or rental property, adding substantial income potential and value. We do want to mention there is a one acre optional property that can be bought from the current seller adjacent to this listing. This brokerage has another commercial property that touches this listing on the east side that would add another five acres of land that can be bought separately. All this together adds huge potential in an ever growing opportunity zone around Knoxville. Seller is motivated and wants to see this developed and sold. All showings are by appointment.