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Investment Highlights

  • 4.89 acres across two tracts with approximately 260 feet of N Watt Road frontage
  • Positioned in an evolving growth corridor identified for continued investment and enhanced connectivity
  • Strategic Farragut location near Kingston Pike, the new Publix, and convenient I-40/I-75 access with high visibility

Executive Summary

Rare opportunity to acquire 4.69 acres with approximately 260 feet of frontage along N Watt Road in one of Knoxville/Farragut's most strategically positioned and evolving corridors. Comprised of two tracts, the property is located near the new Publix at Watt Road and Kingston Pike, Mayor Bob Leonard Park, and convenient access to I-40/I-75, offering exceptional visibility and accessibility in a location that continues to experience investment and growth.
The Town of Farragut's Future Land Use Plan identifies the Watt Road/Kingston Pike corridor for continued investment, including additional housing, commercial services, and enhanced connectivity. For investors, developers, and owner-users looking beyond today's use, the combination of acreage, road frontage, location, and surrounding growth creates an intriguing opportunity for a long-term hold or potential future redevelopment, subject to zoning, approvals, and all applicable requirements.
The property's location is a defining feature. With approximately 260 feet of frontage along N Watt Road and close proximity to the Kingston Pike corridor, it offers a combination of visibility, acreage, and accessibility that is increasingly difficult to find in Farragut. Its proximity to established residential communities, parks, retail, schools, and major transportation routes further broadens its potential appeal.
The property includes existing improvements that provide immediate functionality while preserving flexibility for the future. These include an approximately 2,318-square-foot Southern Energy residence and detached garage/workshop with electricity and a bathroom. Additional property features include public water service, two working wells, irrigation serving the front lawn, a storm shelter, and convenient access to utilities.
Ideal for investors, developers, owner-users, or buyers seeking strategically located acreage with existing improvements and long-term potential. Utilize the property today while exploring a broader vision for tomorrow in one of Farragut's important gateway corridors.
Buyer to independently verify zoning, permitted uses, utility availability and capacity, acreage, road frontage, Future Land Use Plan designations, rezoning potential, development feasibility, and all other matters material to the buyer's intended use.

Property Facts

Price $2,478,892 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use
Hold For Development
  • Hold For Investment
  • Agricultural
  • Single Family Residence
Total Lot Size 4.89 AC

1 Lot Available

Lot

Price $2,478,892 CAD
Price Per AC $506,930.98 CAD
Lot Size 4.89 AC

Rare 4.89-acre investment opportunity with approx. 260 ft of N Watt Rd frontage in a growing Farragut corridor near the new Publix and I-40/I-75. Existing improvements with long-term redevelopment potential.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 41269460

  • Date on Market: 2026-07-13

  • Last Updated:

  • Address: 400 N Watt Rd, Knoxville, TN 37934

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