About Central Avenue Pike
Unlock immense value with this 31.46-acre pocket listing strategically located on Central Avenue Pike, offering roughly 20 fully usable acres perfectly primed for a signature development with 850 ft of frontage on Central Ave Pike. The site is currently zoned RN-3 (6-24 units/acre), but with the immediate neighbor zoned at RN-6, a direct path to higher density is well-supported. Local planning authorities (MPC) have expressed preliminary openness to multiple creative approaches, making this an ideal canvas for either a dedicated high-density RN-6 residential community or a premier commercial and residential mixed-use development. Previous, outdated site plans showcased a 115-unit layout, but modern designs incorporating three-story plus multi-family structures can easily double that output under current parameters. Work play style development would also be a good fit for this property.
Features of Central Avenue Pike
| MLS® # | 1348122 |
|---|---|
| Price | $1,950,000 |
| Acres | 31.47 |
| Status | Pending |
Community Information
| Address | Central Avenue Pike |
|---|---|
| Area | Knox County - 1 |
| City | Knoxville |
| County | Knox County - 1 |
| State | TN |
| Zip Code | 37912 |
Amenities
| Utilities | Cable TV |
|---|---|
| View | Country Setting |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | Rolling, Wooded, Irregular Lot |
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Additional Information
| Zoning | Zoned Residential, Zoned Multi-Family |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Southland Realtors, Inc |
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