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Commercial Land with Existing Structures
New
For Sale
$479,000

8500 Asheville Highway, Knoxville, TN 37924

Commercial Sale, Knoxville, TN

Property Size1,292 SF
Lot Size2.82 Acres
Price / SF$370.74
Days on Market1

Property Features for 8500 Asheville Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning CA
Parking 10
Directions From Interstate I-40 exit Asheville Hwy, go east 10 miles to property on right. This property located very close to Carter Elementary School as a reference.
Subdivision Knoxville
Standard status Active
APN 062 247
Size 1,292 SF
Lot size 2.82 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 939

Building Details

Year built 1920
Floors in Building 1
Listing Agency: Jackson Real Estate and Auction
Listed By: Mark A. Jackson · License #227129
Added: Aug 26 Last Checked: Aug 26 at 4:06PM
MLS# 313502

Copyright © 2026 Great Smoky Mountains Association of 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 2.82-acre commercial land tract includes three existing structures, with two currently occupied. The property carries CA zoning described as General Business along the road frontage, while a portion is designated “A” General Agricultural. The improvements date to 1920, and an appointment is required for an on-site visit.

Located at 8500 Asheville Highway in Knoxville, the tract records an approximate traffic count of 21,054 vehicles per day. The property sits along an East Knoxville corridor connecting Knoxville with Strawberry Plains, New Market, Jefferson City, and Morristown. An adjoining parcel is zoned CB(k), identified as light manufacturing, while Carter Elementary School is located behind the property. Zoning, permitted uses, utilities, and development requirements should be verified with Knox County.

Key Highlights

  • 2.82‑acre commercial land tract at 8500 Asheville Highway, Knoxville, TN 37924
  • CA zoning described as General Business along the road frontage
  • Portion of the property designated “A” General Agricultural

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Building Supply Law Firm Garden Center Furniture & Home Goods Restaurant

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

130
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial tract with split zoning, established improvements, and direct exposure along Asheville Highway.
Where is this commercial land located?
The property is located at 8500 Asheville Highway Knoxville, TN.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 2.82‑acre commercial land tract at 8500 Asheville Highway, Knoxville, TN 37924; CA zoning described as General Business along the road frontage; Portion of the property designated “A” General Agricultural
More about this property
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