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808 State St - Downtown Knoxville Development Site Lot • Terrain commercial • 1,19 Acres • 12 319 647 $ CAD • Knoxville, TN 37902



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Faits saillants de l'investissement
- Flexible Zoning
- Near Downtown Knoxville and the University of Tennessee
- No Height Restrictions
- Major Tax Benefits Available
Résumé de l'annonce
The property features strong frontage, multiple access points, and exceptional visibility from surrounding roadways, making it ideal for a wide range of commercial or mixed-use concepts. Surrounded by established corporate presence and ongoing redevelopment, the site sits within one of the most active and supply-constrained submarkets in the region.
Currently improved with income-producing structures and additional revenue from on-site advertising, the asset provides near-term cash flow while offering a clear path toward future repositioning or redevelopment.
With its central location, scale, and exposure, this property presents a rare opportunity to deliver a high-impact project in a market with increasing demand for new residential, hospitality, and experiential retail offerings.
This is an ideal acquisition for a developer or investor seeking to capitalize on long-term appreciation, strong fundamentals, and the continued evolution of the downtown core.
Faits sur la propriété
| Prix | 12 319 647 $ CAD | Sous-type de propriété | Terrain commercial |
| Type de vente | Investissement | Utilisation proposée | Multi-résidentiel |
| Nombre de lots | 1 | Taille totale du lot | 1,19 AC |
| Type de propriété | Terrain | Zone de développement économique |
Oui
|
| Zonage | DK-G - Downtown Knoxville Grid Subdistrict | ||
| Prix | 12 319 647 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 1,19 AC |
| Zone de développement économique |
Oui |
| Zonage | DK-G - Downtown Knoxville Grid Subdistrict |
1 Lot disponible
Lot
| Prix | 12 319 647 $ CAD | Taille du lot | 1,19 AC |
| Prix par AC | 10 352 644,67 $ CAD |
| Prix | 12 319 647 $ CAD |
| Prix par AC | 10 352 644,67 $ CAD |
| Taille du lot | 1,19 AC |
1.185-acre urban development site, located just off Gay Street at the corner of State Street and Market Street in Downtown Knoxville.
Description
Located one block behind Gay Street, this development site offers convenient access to Neyland Drive and the heart of Downtown Knoxville. The area experiences strong traffic flow and is easily accessible to the interstate. This property is positioned within a designated Opportunity Zone, which offers significant tax incentives for investors looking to capitalize on Knoxville’s growth. This opportunity combines centralized location, economic incentives, and high visibility in a rapidly expanding downtown market.
Présenté par
808 State St - Downtown Knoxville Development Site
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