PROPERTY DESCRIPTION

Prime Development Opportunity: I-640 at Washington Pike Intersection, Knoxville, TN Address: Southwest Corner, I-640 & Washington Pike, Knoxville, TN Price: Listed below Tax Appraisal! Zoning: Residential with Vast Development Potential Discover a unique investment opportunity at the southwest corner of the I-640 and Washington Pike intersection in Knoxville, Tennessee! This prime property, currently zoned residential, offers an array of possibilities for visionary developers and investors. Key Features: Strategic Location: High Visibility: Positioned prominently at a major intersection in Knoxville, offering unmatched visibility and convenient access to I-640. Corner Lot: The southwest corner location provides excellent frontage on Washington Pike, enhancing its appeal for future developments. Exceptional Value: Priced to Sell: Listed below tax appraisal, presenting an incredible value proposition for savvy buyers looking to capitalize on Knoxville's thriving real estate market. Potential for Appreciation: Rezoning opportunities could significantly boost property value, opening doors to diverse development prospects. Accessibility: Planned Easement: A new access easement from Valley View Rd is being secured, ensuring smooth entry and exit for future projects. Proximity to Major Routes: Immediate access to I-640 and nearby thoroughfares enhances connectivity to the broader Knoxville area and beyond. Development Possibilities: Versatile Use: Perfect for residential, commercial, or mixed-use development. Ideal for creating a new residential community, a retail complex, or a blend of both. Growth Potential: Located in a rapidly developing area of Knoxville with rising demand for residential and commercial spaces. Community and Amenities: Proximity to Amenities: Close to shopping, dining, schools, and recreational facilities, making it attractive for various development projects. Neighborhood Growth: Situated in a thriving part of Knoxville poised for future expansion and improvements. Development Insights: Explore the potential to rezone for commercial use, capitalizing on the high traffic and visibility from I-640. Consider mixed-use projects that combine residential units with retail or office spaces, creating a vibrant community hub. Engage with Knoxville city planners to understand the full spectrum of possibilities this prime location offers. Why Knoxville? Knoxville is a city on the rise, known for its vibrant community, growing economy, and strategic location in East Tennessee. This property places you at the heart of it all, with excellent access to both local amenities and major transportation routes. Whether you're looking to invest in residential growth, retail opportunities, or mixed-use developments, Knoxville provides a supportive environment for your vision. Next Steps: Seize this unique opportunity at a competitive price! With the easement from Valley View Rd being finalized, now is the perfect time to explore the property's full development potential and take advantage of Knoxville's growing market. Contact us today for more details and to schedule a viewing. Don't miss out on this prime piece of Knoxville real estate with endless possibilities! Buyer to verify all details. This addition ensures that potential buyers are aware of the need to confirm all information independently, protecting both the seller and the buyer.