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Nearly-Acre Residential Development Lot
For Sale
$64,900

7012 Terry Dr, Knoxville, TN 37924

Nearly one-acre homesite with an older, non-inhabitable structure suited for rehab or removal.

Property SizeContact for details
Days on Market60

Property Features for 7012 Terry Dr

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $183
Listing Agency: NextHome Clinch Valley
Listed By: Amie Dodson · License #353761,PersonLicenseNumber
Source: Exprealty
Added: Jun 11 Changed: Aug 8 Last Checked: Jul 5 at 3:47PM

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 NextHome Clinch Valley

Investment Insights

Based on property information with market context.

The property at 7012 Terry Dr, Knoxville, TN consists of nearly one acre of residential land that includes an older home that is not currently inhabitable. The structure may be suitable for a full rehab or removal to make way for new construction, depending on your project scope and timeline.

The lot is located in the county and offers a generous homesite size. The surrounding area reflects active redevelopment, with newer homes on the street and throughout the neighborhood, supporting a straightforward path for builders and buyers looking to create a new residence.

This site is well-suited for investors, builders, or owner-occupants seeking a larger homesite and the flexibility to either renovate or redevelop the existing improvements. If you plan to assess the property, please note the home should not be entered without list agent permission. Bring your vision and review the lot for the type of renovation or new-build plan that best fits your objectives.

Key Highlights

  • Nearly one‑acre homesite in the county with space for a larger homesite
  • Older home on‑site is not currently inhabitable, suited for full rehab or removal
  • Neighborhood includes newer homes on the street and throughout the area

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Parts Store Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Garden Center

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

73
Businesses Nearby

Demographics for 37924, TN

12,894
Population
6,052
Households
2.1
Avg Household Size
41
Median Age
28%
College-Educated
91%
High-School Grad
27.9 sq mi
ZIP Area
462
Density / Sq Mi
$73,794
Median Household Income
$40,594
Median Earnings
$1,020
Median Rent
$217,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Nearly one-acre homesite with an older, non-inhabitable structure suited for rehab or removal.
Where is this residential land & home lot located?
The property is located at 7012 Terry Dr Knoxville, TN.
What is the asking price?
The asking price for this property is $64,900.
What are key features of this property?
This property features: Nearly one‑acre homesite in the county with space for a larger homesite; Older home on‑site is not currently inhabitable, suited for full rehab or removal; Neighborhood includes newer homes on the street and throughout the area
More about this property
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