Multi-Parcel Residential Development
2990-0 Rifle Range Drive, Knoxville, TN 37918
For Sale
$865,000
Two adjacent parcels in the Fountain City area offer development potential pending verification of zoning and approvals.
Property Size373,309 SF
Price / SF$2.32
Days on Market199
Property Features for 2990-0 Rifle Range Drive
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Listing Agency:
The Real Estate Firm, Inc.
Listed By:
Deborah Hill-Hobby
(865) 770-4030
Source:
Compass
Added: Apr 23
Changed: Nov 6
Last Checked: Nov 6 at 10:56AM
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 The Real Estate Firm, Inc.
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Investment Insights
Based on property information with market context.
This offering includes two parcels located across the road from one another, presented with development layout concepts attached by the seller. The property has been noted as having an approval for 32 dwelling units on 2909 Rifle Range under current zoning RN2. A second parcel referenced as 0 Rifle Range is currently zoned PR, with the remark that it is less than 10 dwelling units per acre, subject to buyer verification.
Development considerations may require Metro Planning Commission approvals, including concept approval, for new developments. The seller indicates utilities are believed to be available at the road, but buyers should verify all utilities, acreage, dimensions, zoning, and development possibilities with the appropriate professionals.
The seller states there is no guarantee regarding development potential, and buyers are encouraged to conduct their own due diligence to their satisfaction.
Development considerations may require Metro Planning Commission approvals, including concept approval, for new developments. The seller indicates utilities are believed to be available at the road, but buyers should verify all utilities, acreage, dimensions, zoning, and development possibilities with the appropriate professionals.
The seller states there is no guarantee regarding development potential, and buyers are encouraged to conduct their own due diligence to their satisfaction.
Key Highlights
- Two parcels in the Fountain City area are across the road from one another, with development layouts attached for the seller’s vision
- 2909 Rifle Range is approved for 32 dwelling units under current zoning RN2 (buyer to verify zoning/approvals)
- 0 Rifle Range is currently zoned PR and is described as less than 10 dwelling units per acre (buyer to verify)
Property Analytics
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Explore this area
Business Placement
Demographics for 37918, TN
46,245
Population
20,228
Households
2.3
Avg Household Size
40
Median Age
31%
College-Educated
93%
High-School Grad
34.6 sq mi
ZIP Area
1,337
Density / Sq Mi
$69,311
Median Household Income
$41,882
Median Earnings
$1,102
Median Rent
$237,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two adjacent parcels in the Fountain City area offer development potential pending verification of zoning and approvals.
Where is this residential land & home lot located?
The property is located at 2990-0 Rifle Range Drive Knoxville, TN.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Two parcels in the Fountain City area are across the road from one another, with development layouts attached for the seller’s vision; 2909 Rifle Range is approved for 32 dwelling units under current zoning RN2 (buyer to verify zoning/approvals); 0 Rifle Range is currently zoned PR and is described as less than 10 dwelling units per acre (buyer to verify)
