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Vacant Development Lot
For Sale
$85,000

1215 Navy Drive Southwest, Knoxville, TN 37920

Vacant Knoxville land parcel with convenient access to Downtown and UT Medical Center, offering redevelopment options pending approvals.

Property Size11,761 SF
Lot Size0.27 Acres
Price / SF$7.23
Days on Market150

Property Features for 1215 Navy Drive Southwest

General Information

Standard status Active
Size 11,761 SF
Lot size 0.27 Acres
Property subtype Lots & Acreage

Taxes and HOA fees

Annual Taxes $17
Listing Agency: eXp Realty, LLC
Listed By: Andy Peterson · License #347234
Source: Compass
Added: Apr 7 Changed: Sep 2 Last Checked: Sep 2 at 12:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

This offering is a vacant land parcel totaling 0.27 acres at 1215 Navy Dr SW. It presents a clean slate for builders or developers looking to plan a new project, subject to applicable approvals and requirements. The buyer is responsible for verifying zoning and all development conditions, including utilities and other municipal requirements.

The property is positioned in central Knoxville, approximately 5 minutes from Downtown Knoxville and minutes from UT Medical Center, with the University of Tennessee located under 10 minutes away. The surrounding area provides access to major employment centers and a range of dining, shopping, and entertainment options. Recreational destinations mentioned nearby include Ijams Nature Center, along with both the Quarries and the Urban Wilderness.

For investors and developers, the lot may support additional density or future redevelopment patterns in the area, but any outcomes depend on zoning and municipal approvals. This is a straightforward land opportunity for parties who want to evaluate feasibility and move forward with site planning for a new development concept based on confirmed zoning, utility availability, and permitting requirements.

Key Highlights

  • Vacant 0.27‑acre lot at 1215 Navy Dr SW in Knoxville
  • Approximately 5 minutes from Downtown Knoxville
  • Minutes from UT Medical Center

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Kitchen & Bath Showroom Auto Parts Store

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

105
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant Knoxville land parcel with convenient access to Downtown and UT Medical Center, offering redevelopment options pending approvals.
Where is this residential land & home lot located?
The property is located at 1215 Navy Drive Southwest Knoxville, TN.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Vacant 0.27‑acre lot at 1215 Navy Dr SW in Knoxville; Approximately 5 minutes from Downtown Knoxville; Minutes from UT Medical Center
More about this property
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