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6107 Central Ave Pike ave 91 Acres of Residential Land Offered at $13,844,100 CAD in Knoxville, TN 37912
INVESTMENT HIGHLIGHTS
- ±91-acre RN-6 zoned multifamily site; development by right
- Completed geotechnical study (34 borings) reducing pre-development risk
- ±75 usable acres following City Hillside Protection evaluation
EXECUTIVE SUMMARY
One of the largest remaining contiguous RN-6 tracts in the Knoxville MSA, permitting multifamily apartment development by right.
Sanitary sewer available; utilities proximate to the site.
Seller is seeking a well-capitalized multifamily apartment anchor for an initial takedown, with flexibility for phased or segmented execution.
GeoServices geotechnical exploration completed (34 borings – July 2023), available to qualified buyers.
Steep-slope areas are generally concentrated toward the rear of the property; restricted land may be used for open space or infrastructure support.
Pricing and parcel configuration vary based on density, product type, and location within the site.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $13,844,100 CAD | Lot Size | 91.00 AC |
| Price Per AC | $152,132.97 CAD |
| Price | $13,844,100 CAD |
| Price Per AC | $152,132.97 CAD |
| Lot Size | 91.00 AC |
Wooded, rolling ±91-acre tract with approximately 2,700’ of frontage on Central Avenue Pike. Minor powerline easement along western edge; hillside protection area primarily along rear boundary. All utilities to the site.
DESCRIPTION
The property consists of approximately ±91 acres located on Central Avenue Pike within the City of Knoxville. The site is zoned RN-6, permitting multifamily residential development by right. A Hillside Protection evaluation completed through the City confirms approximately ±74.88 acres as disturbance-eligible. Steep slope areas are generally concentrated toward the rear of the property, allowing usable acreage to be clustered for efficient site planning. Sanitary sewer is available, with utilities proximate to the site. A GeoServices geotechnical exploration, including 34 borings, was completed in July 2023 and is available to qualified buyers. The site is suitable for a well-capitalized multifamily apartment anchor, with flexibility for phased or segmented execution: parcel sizing, pricing, and timing to be determined based on approved use and phasing. The location provides access to downtown Knoxville, the University of Tennessee, and regional employment centers, supporting long-term multifamily demand.
Presented by
6107 Central Ave Pike ave
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