6350 Clinton Hwy Knoxville, TN 37912

Property Details for 6350 Clinton Hwy

Lot size

21.39 lot acres

Property type

Commercial real estate

APN

N/A

Description

This exceptional 21.39-acre property presents a rare development opportunity in Knoxville, Tennessee. Located at 6350 Clinton Highway, this assemblage of six parcels boasts over 10,000 square feet of existing retail and office structures currently generating $60,000 in annual gross rental income, though rents are well below market value and tenants may remain or vacate. The property benefits from a high-traffic location on Clinton Highway, experiencing over 25,000 cars daily. The CA | A - MDR zoning allows for a mix of medium-density residential and general commercial uses, making it ideal for multi-family development and retail expansion. Significant infrastructure advantages include existing sewer and water access across the entire property and all surrounding sides. The site features almost a quarter-mile of frontage on Clinton Highway and adjoins the Cherrybrook subdivision, where homes sell for approximately $400,000. A brand-new survey is available. The asking price is $2,695,000. No city taxes apply. This is a unique chance to capitalize on a prime location with substantial existing infrastructure and high development potential.