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Property profile & analytics
OFF-MARKET
Land

00 Rutledge Pike Blaine, TN 37709

0.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 160-acre property in Blaine, Tennessee, presents a unique investment opportunity. Strategically located just off Rutledge Pike in Grainger County, near the Knox County line, this land boasts unparalleled visibility and accessibility. Three acres are directly adjacent to newly constructed retail establishments including Food City, Dollar General, Taco Bell, O'Reilly Auto Parts, a car wash, Waffle House, and Patriot's Chicken, ensuring high traffic flow. The remaining acreage, situated behind Food City, is ideal for various development projects, such as office buildings, multi-family housing, self-storage facilities, or a residential subdivision. The property already features 32 platted, single-family lots (75' x 110' average) with existing slab foundations and access to municipal utilities, including sewer. The seller is open to re-subdivision, potentially creating up to 70 smaller lots (approximately 51' x 110' or smaller). The property enjoys a substantially flat topography, multiple points of ingress and egress, and benefits from flexible commercial/residential zoning, onsite utilities, and a supportive local planning commission. No commercial inspector requirement adds to the development efficiency. Located approximately 20 minutes from downtown Knoxville, this property offers a compelling blend of location, infrastructure, and development potential. The asking price is $2,600,000. APN: 098 107.00.

Property profile
Verified
Property type Land
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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