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    Abner Cruze Rd Knoxville, TN 37920

    Sponsored
    For Sale
    $1,600,000

    Prime residential land, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.5-acre parcel in South Knoxville presents a remarkable development opportunity. Ideally situated near the intersection of Chapman Highway and boasting an impressive 705 feet of road frontage on West Governor John Sevier Highway, this property benefits from exceptional visibility and high traffic counts. The location is surrounded by numerous big-box retailers and restaurants, ensuring consistent customer flow. Zoned RB, this land is well-suited for a variety of uses, including multi-family residential development, a retail strip center, or a restaurant. The property's substantial size and prime location make it an attractive investment for developers seeking high-impact projects. The address is Abner Cruze Rd, Knoxville, TN 37920, with the APN listed as 137 164. The asking price is $1,600,000. Buyers are responsible for verifying all property dimensions. This is a rare opportunity to acquire a significant tract of land in a thriving South Knoxville location. Don't miss out on this chance to build your vision in a high-demand area.

    Property Features for 0 Abner Cruze Rd

    General Information

    Property type
    Land
    Lot Size
    326,700 SF

    HighLights

    • $1,600,000 asking price.
    • 7.5‑acre residential land parcel.
    • RB zoning.
    • Located in Knoxville, TN (APN 137 164).
    • 705' of road frontage on West Governor John Sevier Hwy, near Chapman Hwy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.844922200047
    Latitude
    35.904599438572

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    FAQs

    What type of property is this?
    Land - Prime residential land, high traffic area.
    Where is this land located?
    The property is located at Abner Cruze Rd Knoxville, TN.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: $1,600,000 asking price.; 7.5-acre residential land parcel.; RB zoning.
    (865) 803-5330
    Request Owner's contact information
    Abner Cruze Rd Knoxville, TN 37920
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    Knoxville, TN 37920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Abner Cruze Rd Knoxville, TN 37920
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