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Prime Commercial Land Opportunity

6701 Oak Ridge Hwy, Knoxville, TN

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1.35 acres of commercial land in high-growth Knoxville area.

Type:LAND

Lot size:

1.35 Acres

HighLights

High traffic location: 52,910 VPD expected upon completion of Schaad Road in 2024.
Anchored by a high‑performing Food City grocery store (opened March 2021).
1.35 acres zoned CA, designed for 2 outparcels with cross access and pad‑ready sites.
Located at the intersection of a newly widened 5‑lane Oak Ridge Hwy (TN‑62) and the new 5‑lane Schaad Road.
Situated within a 30‑acre development with off‑site detention in place.
Over 3,723 new homes approved in the trade area, indicating substantial residential growth.

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Listing Contact

Dalton Maddox

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For Sale

Contact for pricing

1.35 acres of commercial land in high-growth Knoxville area.

Type:LAND

Lot size:

1.35 Acres

Added:: Mar 6, 2023
Days on Market:: 1196
Last Refresh:: May 20 at 8:39 pm

Property Features for 6701 Oak Ridge Hwy

General Information

Standard status: Active
Lot size: 1.35 Acres
Property subtype: LAND

We can help!

Listing Contact

Dalton Maddox

Listing agent Dalton Maddox

Listing office Maddox Property Sales

Listing date Mar 6, 2023

Source Moodyscre

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 Maddox Property Sales

HighLights

High traffic location: 52,910 VPD expected upon completion of Schaad Road in 2024.
Anchored by a high‑performing Food City grocery store (opened March 2021).
1.35 acres zoned CA, designed for 2 outparcels with cross access and pad‑ready sites.
Located at the intersection of a newly widened 5‑lane Oak Ridge Hwy (TN‑62) and the new 5‑lane Schaad Road.
Situated within a 30‑acre development with off‑site detention in place.
Over 3,723 new homes approved in the trade area, indicating substantial residential growth.

Overview

This 1.35-acre commercial land opportunity is designed for two outparcels with cross access. These pad-ready sites are zoned CA and benefit from new access roads and traffic signals. The property is part of a 30-acre development anchored by a Food City grocery store, which opened in March 2021. Food City operates 127 stores across multiple states and has significant sales. The location is at the intersection of Oak Ridge Highway and Schaad Road. Oak Ridge Highway has been widened to five lanes, connecting Karns with Downtown Knoxville. Schaad Road, a new five-lane ring road connecting I-75 and I-40/75, is on track for completion in the fourth quarter of 2024. Upon completion of Schaad Road in 2024, the combined traffic count is projected to be 52,910 vehicles per day. The site offers easy access and visibility via new project roads signalized at Oak Ridge Highway and Schaad Road. The property is located in a high-growth area with great schools and over 3,723 new homes approved in the trade area. It serves the growing Karns community of Knoxville and is convenient to employees in the CBD, Pellissippi Technology Corridor, Oak Ridge National Lab/DOE Installation, and the University of Tennessee. Off-site detention is in place. The precise acreage will be determined by survey.

Location Intelligence

Current Use by Public Records

Food City Grocery & Convenience Store

Suggested Use

Location Insight

Map
Local Demand

City: Knoxville
County: Knox
State: Tennessee
Longitude: -84.0476
Latitude: 35.9882

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For sale
Land
TN
Knoxville
6701 Oak Ridge Hwy

What type of property is this?

Land - 1.35 acres of commercial land in high-growth Knoxville area.

Where is this land located?

The property is located at 6701 Oak Ridge Hwy Knoxville, TN.

What is the asking price?

The asking price for this property is $1,112,500.

What are key features of this property?

This property features: High traffic location: 52,910 VPD expected upon completion of Schaad Road in 2024.; Anchored by a high‑performing Food City grocery store (opened March 2021).; 1.35 acres zoned CA, designed for 2 outparcels with cross access and pad‑ready sites.

6701 Oak Ridge Hwy, Knoxville, TN

1.35 acres of commercial land in high-growth Knoxville area.

Property Features for 6701 Oak Ridge Hwy

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey Short-Term Rental Duplex

Transmission Repair Auto Shop

Five-Unit Multifamily Investment Opportunity

Two-Story Commercial Redevelopment Building

Fully Leased 4-Plex Income Property

Fully Leased Four-Plex Investment

Lakefront Land in Gated Community

Knoxville Multifamily Investment Opportunity

Charming Historic Fourth & Gill 4-Plex

Duplex with Separate Driveways

Two Multifamily Buildings on One Lot

Three-Unit Residential Income Property

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