Current Use by Public Records
- Land
Property Details for 8608 Asheville Hwy
- Lot size
- 3.07 lot acres
- Property type
- Land
Description
This exceptional 3.07-acre commercial property in Knoxville, Tennessee, presents a unique investment opportunity. Located at 8608 Asheville Highway, zip code 37924, this land boasts a strategic location near the Andrew Johnson Highway intersection and in close proximity to a Kub Power substation. The property features a split zoning designation: Commercial (CA) zoning at the front and Agricultural (Ag) zoning at the rear, offering flexibility for diverse development plans. All utilities are available at the lot line, except for gas. A significant existing structure, a 13,816 square foot restaurant building, is included in the sale. The property is being sold "as is" for land value, representing a compelling opportunity for developers and investors seeking a prime location with potential for various commercial uses. The property's address is fully verified as 8608 Asheville Hwy, Knoxville, Knox County, Tennessee. This location offers excellent visibility and accessibility, making it an ideal site for a range of commercial ventures. The existing restaurant building could be renovated, repurposed, or demolished to accommodate a new development, depending on the buyer's vision. This is a rare chance to acquire a substantial parcel of land in a high-growth area of Knoxville.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -83.7367
- Latitude
- 36.025
