8150 Pelleaux Rd Knoxville, TN 37938

The property known as Kelley Farm is a contiguous development site comprised of open pasture and woodland. The site includes an existing original farmhouse currently occupied by a month-to-month tenant, producing $1,000 per month in rental income while the property is taken through engineering, permitting, and planning. The concept is oriented toward creating a residential community, with site planning aligned to the current entitlement framework described by the seller.

The property is addressed at 8150 Pelleaux Rd in Knoxville, Tennessee, within Knox County. According to the remarks, the site has frontage along Norris Freeway and provides main access from Pelleaux Road. The seller also states that essential utilities are available at the street. Nearby amenities referenced in the remarks include Halls Walmart, extensive shopping, medical facilities, restaurants, and local schools.

For developers and builders, this parcel is presented as suitable for residential density planning under the current zoning parameters described in the offering materials, with the seller also indicating a pathway to pursue increased density. With cleared acreage and a defined portion of woodland, the site may support a mixed design approach while accommodating a community-scale plan. The combination of frontage, access, and existing income from the farmhouse can be relevant for sponsors evaluating a residential development schedule.