Residential Development Land with
8150 Pelleaux Rd Knoxville, TN 37938
8150 Pelleaux Rd, Knoxville, TN, 37938
$3,200,000
For Sale
$3,200,000
LAND - Knoxville, TN
Lot Size2.40 Acres
Days on Market17
Property Features for 8150 Pelleaux Rd
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 028 021
- Lot size
- 2.40 Acres
Taxes and HOA fees
- Tax Annual Amount
- 784
Utilities
- Utilities
- Cable Available
Listing agency
Southland Realtors, Inc
(865) 693-6961
Listed by
Azaan Kherani
(865) 924-4431
Added: Jul 7 Updated: Jul 21 at 12:23PM Checked: Jul 23 at 8:06AM
MLS# 1347341
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 residential development land offering includes a mix of cleared pasture and woodland, along with an original farmhouse that is currently occupied by a month-to-month tenant generating $1,000 per month in rental income. The property is described as 40 contiguous acres, with approximately 31 acres of cleared, open pasture and 9 acres of woodland.
The site is currently zoned to accommodate 3.5 units per acre for an estimated 142 total units, with an indicated path to re-zone to 4 units per acre for an estimated 162 total units. The listing also notes favorable infrastructure logistics, including over 1,500 linear feet of frontage along Norris Freeway and main access from Pelleaux Road, with essential utilities available at the street.
For planning and feasibility purposes, the property is presented as positioned in Halls Crossroads in Knox County, with the listing emphasizing proximity to Norris Freeway and nearby shopping, medical facilities, restaurants, and schools.
The site is currently zoned to accommodate 3.5 units per acre for an estimated 142 total units, with an indicated path to re-zone to 4 units per acre for an estimated 162 total units. The listing also notes favorable infrastructure logistics, including over 1,500 linear feet of frontage along Norris Freeway and main access from Pelleaux Road, with essential utilities available at the street.
For planning and feasibility purposes, the property is presented as positioned in Halls Crossroads in Knox County, with the listing emphasizing proximity to Norris Freeway and nearby shopping, medical facilities, restaurants, and schools.
Key Highlights
- 40 contiguous acres near Halls Crossroads, about 20 minutes north of downtown Knoxville
- Land mix includes approx. 31 acres cleared pasture and 9 acres woodland
- Zoned for approx. 3.5 units per acre for 142 total units; concept plan references re‑zoning to 4 units per acre (162 total units)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - Land parcel with cleared pasture and woodland, with an occupied farmhouse and frontage on Norris Freeway.
Where is this residential land & home lot located?
The property is located at 8150 Pelleaux Rd Knoxville, TN.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 40 contiguous acres near Halls Crossroads, about 20 minutes north of downtown Knoxville; Land mix includes approx. 31 acres cleared pasture and 9 acres woodland; Zoned for approx. 3.5 units per acre for 142 total units; concept plan references re‑zoning to 4 units per acre (162 total units)
