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Commercial Land with Existing Structures
New
For Sale
$479,000

8500 Asheville Highway, Knoxville, TN 37924

Commercial Sale, Knoxville, TN

Property SizeContact for details
Lot Size2.82 Acres
Days on Market6

Property Features for 8500 Asheville Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning CA: General Business
Directions From Interstate I-40 exit Asheville Hwy, go east 10 miles to property on right. This property located very close to Carter Elementary School as a reference.
Subdivision 207 - Knox County
Standard status Active
APN 062 247
Lot size 2.82 Acres

Taxes and HOA fees

Tax Annual Amount 939

Utilities

Water source Public

Building Details

Year built 1920
Listing Agency: Jackson Real Estate & Auction
Listed By: Mark Jackson · License #227129
Added: Aug 26 Last Checked: Aug 31 at 9:06AM
MLS# 10000031

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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 2.82-acre commercial land offering includes three existing structures, with two currently occupied. The tract has public water and frontage along Asheville Highway. Zoning includes CA: General Business on the road frontage and a portion designated “A” General Agricultural. The property was built in 1920, and an appointment is required for access.

Traffic is reported at approximately 21,054 vehicles per day. The site is positioned along the East Knoxville corridor connecting Knoxville with Strawberry Plains, New Market, Jefferson City, and Morristown. Carter Elementary School is located behind the property, and the adjoining parcel carries CB(k) light-manufacturing zoning. Buyers should verify zoning, permitted uses, utilities, and development requirements with Knox County.

Key Highlights

  • 2.82‑acre commercial tract along Asheville Highway
  • Approximately 21,054 vehicles per day
  • CA: General Business zoning on road frontage; portion designated “A” General Agricultural

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Building Supply Law Firm Garden Center Furniture & Home Goods Restaurant

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

130
Businesses Nearby

Demographics for 37924, TN

12,894
Population
6,052
Households
2.1
Avg Household Size
41
Median Age
28%
College-Educated
91%
High-School Grad
27.9 sq mi
ZIP Area
462
Density / Sq Mi
$73,794
Median Household Income
$40,594
Median Earnings
$1,020
Median Rent
$217,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - High-traffic tract with public water, established improvements, and mixed zoning areas along a major East Knoxville corridor.
Where is this commercial land located?
The property is located at 8500 Asheville Highway Knoxville, TN.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 2.82‑acre commercial tract along Asheville Highway; Approximately 21,054 vehicles per day; CA: General Business zoning on road frontage; portion designated “A” General Agricultural
More about this property
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