0 Callahan Dr Knoxville, TN 37912
This exceptional 2.55-acre commercial land parcel in Knoxville, Tennessee, presents a prime development opportunity. Located at 305 Callahan Drive, just off I-75 Exit 110, this property boasts significant visibility and high traffic counts due to its direct road frontage on Callahan Drive and proximity to the interstate. The site features an existing concrete pad, simplifying development for various commercial uses including hospitality, retail, automotive, warehouse, office, or flex space. CH-2 zoning allows for a wide range of possibilities. Utilities are readily available either on-site or at the road. Recent grading has resulted in favorable topography. While not officially subdivided, this 2.55-acre tract is available for purchase separately from a larger 11.96-acre parcel, offering flexibility for buyers. The larger parcel is also available for purchase should a larger development be desired. The asking price is $2,422,500. All information should be verified by the buyer. Final property dimensions and size will be confirmed by survey. This is a rare chance to acquire a high-visibility property with excellent interstate access in a thriving Knoxville location. The zip code is 37912, and the property is situated in Knox County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.