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Approved Townhome Development Site
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12650 Yarnell Rd, Knoxville, TN 37932

Shovel-ready third-phase site approved for 59 attached townhome units with utilities connected and mass grading completed.

Property SizeContact for details
Days on Market124

Property Features for 12650 Yarnell Rd

General Information

Standard status Active
Property subtype Land

Site & Location

Highway Access Yes
Utilities to Site Yes
Listing Agency: SVN | Wood Properties
Listed By: Drew Staten · License #TN 341604
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 5:34PM

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 SVN | Wood Properties

Investment Insights

Based on property information with market context.

This shovel-ready development site is the third phase of an existing community and is approved for 59 attached single family townhome units. The property includes plans, approvals, and proposed unit elevations as part of the sale. Improvements already completed include mass grading, clearing, primary entrances and common areas, and utility site improvements, with all utilities connecting to the project at two different locations. A temporary storm pond is in place, and the remaining storm work for this phase includes adding one additional small pond.

The site is located in the Hardin Valley submarket of Knoxville. It is zoned for Hardin Valley schools, and I-40 is approximately two miles southwest of the site. Turkey Creek, in West Knoxville, is described as about a ten-minute drive away.

For this phase, the remaining work includes preparing engineered site drawings based on the buyer’s preferred unit mix, completing final grade, installing utilities for the units by tapping into the existing connections, completing the small amount of stormwater work for this phase, and installing roads and sidewalks for this phase only.

Key Highlights

  • Shovel‑ready third‑phase development site in Hardin Valley approved for 59 attached single‑family townhome units
  • Mass grading completed; only final fine grading and road transitions remain for this phase
  • All utilities connect to the project at two locations; buyer installs utilities within the subject phase for the units by tapping in

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 37932, TN

21,726
Population
9,141
Households
2.4
Avg Household Size
38
Median Age
55%
College-Educated
94%
High-School Grad
29.0 sq mi
ZIP Area
749
Density / Sq Mi
$109,900
Median Household Income
$61,936
Median Earnings
$1,516
Median Rent
$431,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Shovel-ready third-phase site approved for 59 attached townhome units with utilities connected and mass grading completed.
Where is this residential land & home lot located?
The property is located at 12650 Yarnell Rd Knoxville, TN.
What are key features of this property?
This property features: Shovel‑ready third‑phase development site in Hardin Valley approved for 59 attached single‑family townhome units; Mass grading completed; only final fine grading and road transitions remain for this phase; All utilities connect to the project at two locations; buyer installs utilities within the subject phase for the units by tapping in
More about this property
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