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Dual-Zoned Development Land Tract
For Sale
$1,950,000

7350 Asheville Hwy, Knoxville, TN 37924

Lots & Acreage, Knoxville, TN

Property SizeContact for details
Lot Size46.48 Acres
Days on Market52

Property Features for 7350 Asheville Hwy

General Information

Property type Land
Property subtype Other
Zoning description Zoned Residential, Zoned Office, Zoned Multi-Family, Zoned Commercial
Lot features Creek, Rolling, Wooded, Rolling Slope
Directions I-40 EAST EXIT ASHEVILLE HWY. TURN LEFT AND GO 3.5 MILES. PROPERTY ON THE RIGHT SIDE 2/10 MILE BEFORE NEALS LANDING SUBDIVISION AND FOOD CITY.
Subdivision Knox County - 1
Standard status Active
APN 061 08305
Lot size 46.48 Acres

Taxes and HOA fees

Tax Annual Amount 2512
Listing Agency: Southland Realtors, Inc
Listed By: Azaan Kherani
Added: Jul 14 Changed: Aug 19 Last Checked: Sep 3 at 3:06AM
MLS# 1348247

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land tract offers a dual-use layout for development planning, with approximately 2 acres of CA-zoned commercial frontage at the front and roughly 45 acres of PR-zoned residential land extending behind it. The property is described as designed to accommodate higher-density growth, and the Knoxville-Knox County Planning commission (MPC) may allow up to 8 units per acre. A conceptual plan is noted for single-family lots, condominiums, or apartments.

According to the remarks, all major utilities run directly along the property at the lot lines, and there are multiple established access points for the residential subdivision. The site is listed at 7350 Asheville Highway in Knoxville (Knox County) and is described as about a quarter-mile from the Food City at Brakebill Road, with several high-density subdivisions within a one-mile radius.

Overall, the tract is presented as a development canvas with zoning depth across the frontage and the residential acreage behind it, supported by on-site utility access and multiple entry points.

Key Highlights

  • 7350 Asheville Highway, Knoxville: 46+ acre development tract with a dual‑use CA and PR layout
  • About 2 acres of CA‑zoned commercial frontage along the front of the property for business use
  • Approximately 45 acres of PR‑zoned residential land extending behind the commercial frontage

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom

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

91
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 - Dual-use tract with CA-zoned commercial frontage and PR-zoned residential land extending behind it in Knoxville, TN.
Where is this residential land & home lot located?
The property is located at 7350 Asheville Hwy Knoxville, TN.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 7350 Asheville Highway, Knoxville: 46+ acre development tract with a dual‑use CA and PR layout; About 2 acres of CA‑zoned commercial frontage along the front of the property for business use; Approximately 45 acres of PR‑zoned residential land extending behind the commercial frontage
More about this property
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