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Versatile Knoxville Property with Development Potential
For Sale
$1,875,000

1021 E Hendron Chapel Rd, Knoxville, TN 37920

Lots & Acreage, Knoxville, TN

Property SizeContact for details
Lot Size24.15 Acres
Days on Market326

Property Features for 1021 E Hendron Chapel Rd

General Information

Property type Land
Property subtype Other
Zoning description Zoned Industrial, Zoned Agricultural
Lot features Private, Rolling, Wooded, Irregular Lot, Rolling Slope
Directions Head east on US-441, turn left onto E Hendron Chapel Rd. Continue for 2 miles, property will be on left.
Subdivision Knox County - 1
Standard status Active
APN 125 28003 & 125280
Lot size 24.15 Acres

Taxes and HOA fees

Tax Annual Amount 4279
Listing Agency: Keller Williams Signature · Keller Williams Realty
Listed By: Zach Ivey
Added: Oct 2, 2025 Changed: Aug 19 Last Checked: Aug 23 at 10:06PM
MLS# 1317327

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 24.15-acre property in South Knoxville presents a rare opportunity. Currently operating as a salvage yard with multiple revenue streams, it offers significant development potential. Sewer access is available at the street. The property's proximity to major transportation routes, universities, and growing communities enhances its appeal for commercial use, business expansion, or long-term land development. The property includes a large industrial facility with front shop space, office space, and multiple operating bays suited for dismantling and recycling vehicles. Additional improvements consist of a single-family residence built in 1965, two manufactured homes generating rental income, a rented studio apartment with a large garage/workshop below, and a tenant-occupied commercial garage with attached office space. The current zoning, Industrial and Agricultural, allows for various uses. Existing salvage, dismantler/recycler, and dealer licenses provide an operational advantage for automotive, recycling, or industrial businesses. Both parcels convey with the sale, offering flexibility and scale. The seller is willing to sub-divide.

Key Highlights

  • 24.15‑acre property with significant development potential.
  • Multiple existing income‑producing assets.
  • Established salvage, dismantler/recycler, and dealer licenses in place.

Property Analytics

Current Use

Lowe's Auto Parts Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Auto Parts Store HVAC Service Plumbing Service Law Firm Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 37920, TN

41,210
Population
20,180
Households
2
Avg Household Size
37
Median Age
34%
College-Educated
91%
High-School Grad
72.3 sq mi
ZIP Area
570
Density / Sq Mi
$61,348
Median Household Income
$35,591
Median Earnings
$1,092
Median Rent
$231,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - 24.15-acre property with industrial facility and multiple income-producing assets.
Where is this industrial property located?
The property is located at 1021 E Hendron Chapel Rd Knoxville, TN.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: 24.15‑acre property with significant development potential.; Multiple existing income‑producing assets.; Established salvage, dismantler/recycler, and dealer licenses in place.
More about this property
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