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    Concord Rd Concord, TN 37922

    Sponsored
    For Sale
    Contact for pricing

    8.42 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.42-acre parcel presents a unique investment opportunity in Knoxville, Tennessee. Located on Concord Road in Knox County, this property boasts a highly desirable Neighborhood Commercial zoning designation, offering significant development potential. The land is conveniently situated near the City of Farragut and Pellissippi Parkway, providing easy access to major transportation arteries. Its strategic location along a major residential feeder road ensures high visibility and accessibility. The site itself is a significant advantage, featuring a substantial amount of cleared and level land, minimizing site preparation costs. With a total acreage of 8.42 acres, and a price of $500,000 per surveyed acre, this property offers a compelling combination of size, location, and zoning. The expansive frontage provides excellent opportunities for various commercial uses, making it an ideal site for businesses seeking high visibility and convenient access. This is a rare opportunity to acquire a large, well-located, and ready-to-develop commercial parcel in a rapidly growing area of Knoxville. The property's characteristics, combined with its strategic location, make it an exceptional investment for developers and businesses alike. The 37922 zip code further underscores its prime location within a thriving community. Don't miss this chance to secure this valuable asset.

    Property Features for 0 Concord Rd

    General Information

    Property type
    Farms
    Lot Size
    366,775 SF

    HighLights

    • 8.42‑acre parcel available at $500,000 per surveyed acre.
    • Neighborhood Commercial zoning (Knox County).
    • Excellent access to Farragut and Pellissippi Parkway.
    • Significant residential population nearby.
    • High visibility with substantial frontage.
    • Level, cleared site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Concord
    County
    Knox
    State
    Tennessee
    Longitude
    -84.146923
    Latitude
    35.87271

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    FAQs

    What type of property is this?
    Farm - 8.42 Acres, Prime Commercial Location
    Where is this farm located?
    The property is located at Concord Rd Concord, TN.
    What are key features of this property?
    This property features: 8.42-acre parcel available at $500,000 per surveyed acre.; Neighborhood Commercial zoning (Knox County).; Excellent access to Farragut and Pellissippi Parkway.
    Request Owner's contact information
    Concord Rd Concord, TN 37922
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    Concord, TN 37922
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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
    Concord Rd Concord, TN 37922
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