0 Valley View Drive
Knoxville, TN, 37917 $ 44,900
Baths0.0 Monthly Estimate*
$ 269
Studio for $44,900. The lot size is 2.8.
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.
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FeaturesInteriorBasement None
Basement (Y/N) N
Total Baths 0
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ExteriorLot Features Rolling Wooded Irregular Lot Rolling Slope
Lot Size Area 2.8
Spa N
Lot Dimensions 564x464 IRR
Lot Size Acres 2.8
Lot Size Source Tax Records
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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GeneralTopography Partially Cleared
County Knox County - 1
Property Type Lots & Acreage
Garage Y/N N
Status Active
Directions I-640 and Washington Pike. Southwest Corner. Can walk up to the property if you are on the eastbound exit ramp of I-640 at the Washington Pike exit. The property will be on the right side of 640.
City Knoxville
Zoning Description None Zoned Residential
MLS Area Knox County - 1
Lot Size Units Acres
Lot Size Square Feet 121968.0
Carport Y/N N
Electric On Property Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Knox County - 1
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Financing Cash True
New Financing FHA True
New Financing VA Loan True
New Financing Coventional True
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* Excluded FeaturesList ByKnoxville Fine Homes RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $269
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Knoxville, TN
Average List Price $451,947
Percent of Sale Price 907%
About Knoxville, TN 192,776 Population
8% Since 2002
$ 37,359 Median Income
35.08 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
694100 Elementary School
694101 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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6/18/2024 | $44,900 | | Listed Price |