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FAITS SAILLANTS DE L'INVESTISSEMENT
- ±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
RÉSUMÉ DE L'ANNONCE
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.
SALLE DE DONNÉES Cliquez ici pour accéder à
- Offering Memorandum
FAITS SUR LA PROPRIÉTÉ
1 LOT DISPONIBLE
Lot
| Prix | 13 785 000 $ CAD | Taille du lot | 91,00 AC |
| Prix par AC | 151 483,51 $ CAD |
| Prix | 13 785 000 $ CAD |
| Prix par AC | 151 483,51 $ CAD |
| Taille du lot | 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.
Présenté par
6107 Central Ave Pike ave
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