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    1015 Locust St Knoxville, TN 37902

    For Sale
    $5,000,000

    1.67-acre tract ideal for mixed-use development with scenic views.

    Lot size:
    1.67 Acres

    Property Features for 1015 Locust St

    General Information

    Lot size
    1.67 Acres

    Source: Goldman Partners Realty, LLC Agent Steve Goldman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Knoxville Land with Views

    This 1.67-acre tract is located in downtown Knoxville, at the southwest corner of Knoxville’s central business district. The property offers views of the Tennessee River, Smoky Mountains, the Henley Street bridge, and Neyland Stadium. Approximately 0.37 acres of the property is located west of the bridge. The site is suitable for a mixed-use development, such as a combination of restaurant, hospitality, and residential units. It is positioned to serve walk-to-work professionals, faculty, and students. This assemblage of four parcels has City Zoning of DK-B and DK-G, which allows unlimited height and no setback requirement on any sides.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.918718
    Latitude
    35.959322

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    FAQs

    What type of property is this?
    Land - 1.67-acre tract ideal for mixed-use development with scenic views.
    Where is this land located?
    The property is located at 1015 Locust St Knoxville, TN.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: - 1.67-acre Downtown Knoxville tract with views of the Tennessee River, Smoky Mountains, Henley Street bridge and Neyland Stadium.; - Favorable City Zoning (DK-B and DK-G) allows unlimited height and no setback requirements.; - Suitable for mixed-use development (restaurant, hospitality, residential).
    (865) 705-8675
    Request Owner's contact information
    1015 Locust St Knoxville, TN 37902
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    Knoxville, TN 37902
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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
    1015 Locust St Knoxville, TN 37902
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