1615 Choto Rd Knoxville, TN 37922
- Commercial real estate
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1615 Choto Rd
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1-acre commercial land parcel presents a rare investment opportunity in Knoxville, Tennessee. Located at 1615 Choto Rd, this property boasts a highly desirable corner location directly adjacent to the Choto Rd./Northshore Dr. roundabout, ensuring maximum visibility and accessibility. The site benefits from significant daily traffic volume, exceeding 18,000 vehicles, providing unparalleled exposure for any commercial venture. With approximately 240 feet of frontage on Choto Rd. and over 90 feet on Northshore Dr., this lot offers ample space for development. The surrounding area is experiencing rapid growth, characterized by upscale residential communities and thriving retail establishments, including the popular Markets at Choto. This strategic location, combined with its high traffic count and proximity to established amenities, makes this property ideally suited for a variety of commercial uses. The asking price is $875,000. The property is zoned for commercial use within Knox County, zip code 37922. This is a unique chance to acquire a prime piece of real estate in a rapidly developing area of Knoxville. Don't miss this opportunity to capitalize on the significant growth potential of this exceptional location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -84.167111
- Latitude
- 35.82914
