Redevelopment Site Near Covenant
701 E Depot Ave, Knoxville, TN 37917
- Added:
- Nov 21, 2025
- Days on Market:
- 183
- Last Refresh:
- May 9 at 1:10 am
Property Features for 701 E Depot Ave
General Information
- Standard status
- Active
- Property subtype
- Land
Building Details
- Year Built
- 1950
Listing agent Jon Roosen License #366234 (865) 202-6767
Listing office SVN | Wood Properties (865) 202-6767
Listing date Nov 21, 2025
Source Svn
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HighLights
- Unmatched adjacency to Covenant Health Park, a 7,000‑seat multi‑use stadium.
- Zoned I‑MU (Industrial Mixed‑Use) and primed for multifamily or mixed‑use residential redevelopment.
- Potential for rezoning to C‑G‑2 or C‑G‑3 (General Commercial) to allow for higher‑intensity development.
- Walking distance to Downtown Knoxville.
- Located in a high‑growth district undergoing revitalization.
- Generous lot dimensions ideal for vertical construction.
Overview
This 0.784-acre redevelopment site is located adjacent to Covenant Health Park, a new 7,000-seat multi-use stadium that opened in Spring 2025. The property is zoned I-MU (Industrial Mixed-Use) and is suitable for redevelopment into a multifamily or mixed-use residential project. The site's dimensions and central location in a high-growth district make it an ideal candidate for vertical construction. Rezoning to either C-G-2 or C-G-3 (General Commercial zoning districts) is likely to be supported by the City of Knoxville. The C-G-2 district supports moderate-intensity mixed-use and multifamily development and is suited for urban centers and walkable corridors. C-G-3 is intended for high-intensity regional commercial and multifamily development, with fewer restrictions on building scale and land coverage, making it an excellent fit for large-scale apartment or mixed-use projects. Both districts allow residential uses by right and are designed to accommodate the density and flexibility that this location demands. The property is located in a revitalization zone and is within walking distance of Downtown Knoxville.
Property Profile
Location Intelligence
Current Use by Public Records
Interior Finishes Corporation
Hardware & Home Improvement
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -83.9151
- Latitude
- 35.975
Nearby Similar for Sale
FAQs
What type of property is this?
Land - 0.784 acre redevelopment site near Covenant Health Park.
Where is this land located?
The property is located at 701 E Depot Ave Knoxville, TN.
What are key features of this property?
This property features: Unmatched adjacency to Covenant Health Park, a 7,000‑seat multi‑use stadium.; Zoned I‑MU (Industrial Mixed‑Use) and primed for multifamily or mixed‑use residential redevelopment.; Potential for rezoning to C‑G‑2 or C‑G‑3 (General Commercial) to allow for higher‑intensity development.
