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    1021 E Hendron Chapel Rd Knoxville, TN 37920

    For Sale
    $1,950,000

    LAND - Knoxville, TN

    Lot size:
    24.15 Acres
    Days on Market:
    65
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1021 E Hendron Chapel Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    125 28003 & 125280
    Lot size
    24.15 Acres

    Keller Williams Realty (865) 694-5904 [email protected]

    Listing agent Zach Ivey (865) 567-5024

    Listing date Oct 2, 2025

    Copyright © 2025 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.

    Overview

    Versatile Knoxville Land Opportunity

    This 24.15-acre property in South Knoxville is currently operating as a salvage yard with multiple revenue-generating components. The property offers development potential due to the availability of sewer at the street, the usable land, and its proximity to major transportation routes, universities, and growing communities. The property includes a large industrial facility with front shop space, office space, and multiple operating bays designed for dismantling and recycling vehicles. Supporting improvements include a single-family residence constructed in 1965, two manufactured homes that generate rental income, a studio apartment with a large garage/workshop space below, and a commercial garage with attached office space. The commercial garage is also tenant-occupied. Current zoning includes Industrial and Agricultural, offering a range of potential uses. The site has established salvage, dismantler/recycler, and dealer licenses. Both parcels convey with the sale, offering flexibility and scale. The property is located in Knoxville, TN.
    Location Intelligence

    Current Use by Public Records

    Lowe's Auto Parts Auto Parts Store

    Suggested Use

    Realty agency Law Firm Auto Parts Store Kitchen & Bath HVAC Service Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.791995
    Latitude
    35.914421

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    FAQs

    What type of property is this?
    Industrial property - 24.15-acre property with development potential 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 $1,950,000.
    What are key features of this property?
    This property features: - 24.15-acre property with significant development potential.; - Multiple existing revenue streams from salvage yard, single-family residence, manufactured homes, and studio apartment.; - Established salvage, dismantler/recycler, and dealer licenses in place.
    (865) 567-5024
    Request Owner's contact information
    1021 E Hendron Chapel Rd Knoxville, TN 37920
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    Knoxville, TN 37920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1021 E Hendron Chapel Rd Knoxville, TN 37920
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