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Land for Sale in Knoxville, Tennessee

Central Avenue Pike, Knoxville, TN 37912

$1,950,000
31.5 acres
Active sale
ago
Est $13,379/mo

Unlock immense value with this 31.46-acre pocket listing strategically located on Central Avenue Pike, offering roughly 20 fully usable acres perfectly primed for a signature development. The site is currently zoned RN-3 (6-24 units/acre), but with the immediate neighbor zoned at RN-6, a direct path to higher density is well-supported. Local planning authorities (MPC) have expressed preliminary openness to multiple creative approaches, making this an ideal canvas for either a dedicated high-density RN-6 residential community or a premier commercial and residential mixed-use development. Previous, outdated site plans showcased a 115-unit layout, but modern designs incorporating three-story plus multi-family structures can easily double that output under current parameters. Work play style development would also be a good fit for this property.

Location

Street address
Central Avenue Pike
Zip code
37912
Elevation
1,092 feet
Coordinates
36.0224, -83.9884

Directions

From I-75 N, take Exit 108 for Merchant Drive. Turn right onto Merchant Dr, then take an immediate left onto Central Avenue Pike. Follow Central Avenue Pike for approximately 0.6 miles; the property will be on your right.

Property details

Acreage
31.47 acres
Zoning
Zoned Residential, Zoned Multi-Family
MLS #
KAARMLS 1348122
Posted

Property taxes

Recent
$2,802

Parcels

  • 068 075

Details and features

Listing

Type
Land

Lot

Features
Irregular Lot, Rolling, Wooded

Listing history

DateEventPriceChangeSource
July 14, 2026New listing$1,950,000KAARMLS
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This 31.47-acre property is located at Central Avenue Pike in Knoxville, TN 37912. The land is available for sale, priced at $1,950,000 — $61,964 per acre.

Listed by Southland Realtors, (865) 693-6961

Checked 2 hours agoUpdated Source

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