Technical
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Distress signals
Property profile

0 Watt Rd Knoxville, TN 37934

OFF-MARKET
Land
1.1 ac lot
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Property summary

AI-generated overview

This exceptional 1.1-acre commercial land parcel presents a remarkable investment opportunity in the thriving Farragut, Tennessee market. Located on Watt Road near Interstate exit 369, this property boasts a highly desirable CA zoning designation, making it suitable for a wide range of retail developments. The expansive lot size offers ample space for construction, providing flexibility for various project scales and designs. Its strategic location ensures high visibility and convenient access for potential customers, capitalizing on the significant traffic flow generated by the nearby interstate. The property is owned by Hubbs Land Management LLC and is being offered at an attractive asking price of $375,000. Given the prime location and zoning, this land represents a compelling investment opportunity for developers seeking to establish a successful retail venture in a rapidly growing area. The property is situated in Knox County, Tennessee, with a precise address on Watt Rd, Farragut, TN 37934. No lease options are currently available. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 1.1 ac (47,916 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Watt Rd Knoxville, TN 37934
Knoxville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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