2.7 Acres of Commercial Land for Sale in Knoxville, Tennessee

1031 Shumard Ave, Knoxville, TN 37914

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$949,900
2.65 acres
Active sale agoEst $9,676/mo

PRIME LOCATION! FIRST TIME ON THE MARKET! This 2.65 acre level, cleared lot located in the fast growing Strawberry Plains submarket of Knoxville MSA provides great access to and visibility from Interstate 40 with easy access to John Sevier Highway and Highway 11-E, making it an ideal location for a restaurant, gas station, hotel or commercial business site. Located just 10 minutes from Downtown Knoxville, this location is right off of I-40 in Strawberry Plains, and the interstate at this location has an Average Daily Traffic Count of 75,000-plus Westbound and 71,000-plus Eastbound and 19,000-plus on Strawberry Plains Pike, delivering a large traffic flow to the area. Exit 398 also has 12 hotels and many thriving businesses located within a half-mile radius of the property, bringing constant traffic and visitors to the area. Lots 5 (1.9 acres) and Lot 6 (.75 acres) on Shumard Avenue are included in the sale. Street address is 1031 Shumard Avenue.

Property details

Coordinates
35.9995, -83.7756
Elevation
932 feet
MLS Number
LAAR 702018
Date Listed

Parcels

  • 073PA005

Property taxes

2022
$9,200

This 2.65-acre property is located at 1031 Shumard Ave in Knoxville, TN 37914 with latitude 35.9995 and longitude -83.7756. The property is currently available for sale for $949,900 with a price per acre of $358,453. Listing data is sourced from Lakeway Area Association of Realtors # 702018.

Verify sale details at the property source or contact Crye-Leike Premier Real Estate at (423) 586-4115.

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Copyright (C) 2024 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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