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.
Danny Heidle
Danny Heidle
