7350 Asheville Hwy, Knoxville, TN 37924 (MLS# 1348247)

7350 Asheville Hwy, Knoxville, TN 37924

$1,950,000
Property Type: Lots & Acreage Lot Size (sq. ft.): 2,024,669 Status: Active
Current Price: $1,950,000 List Date: 7/15/2026 Last Modified: 7/23/2026

Overview

Description

Prime development opportunity awaits at 7350 Asheville Highway in Knoxville! Spanning over 46 sprawling acres with no city taxes, this high-potential tract offers an exceptional dual-use layout featuring approximately 2 acres of CA-zoned commercial frontage in the front, perfectly positioned for business use, with roughly 45 acres of PR-zoned residential land extending behind it. Designed to accommodate high-density growth, the Knoxville-Knox County Planning commission (MPC) may allow up to 8 units per acre, and a conceptual plan is already in place for single-family lots, condominiums, or apartments. Developers will appreciate that all major utilities run directly along the property at the lot lines, as well as the convenience of multiple established access points for the residential subdivision. Boasting superb location dynamics, the property sits just a quarter-mile from the Food City at Brakebill Road and is surrounded by several thriving, high-density subdivisions within a one-mil ...

Listing Details MLS# 1348247

Location Tax Legal Info

House #
7350
Street Name
Asheville
St Suffix
Hwy
State/Province
TN
Zip Code
37924
PIN #
061 08305

Contract Info

Auction Y/N
No
Listing Price
1950000

General Property Description

Lot Dimensions
46.48 acres
Acres
46.48
Acre Source
Tax Records
Restrictions
Yes
Property Status
N/A

Status Change Info

Status Change Date
2026-07-15

Location, Tax & Legal Info

Area
Knox County - 1
City/County Code
County
Total Tax
2512

Remarks & Misc

Directions
I-40 EAST EXIT ASHEVILLE HWY. TURN LEFT AND GO 3.5 MILES. PROPERTY ON THE RIGHT SIDE 2/10 MILE BEFORE NEALS LANDING SUBDIVISION AND FOOD CITY.
Public Remarks
Prime development opportunity awaits at 7350 Asheville Highway in Knoxville! Spanning over 46 sprawling acres with no city taxes, this high-potential tract offers an exceptional dual-use layout featuring approximately 2 acres of CA-zoned commercial frontage in the front, perfectly positioned for business use, with roughly 45 acres of PR-zoned residential land extending behind it. Designed to accommodate high-density growth, the Knoxville-Knox County Planning commission (MPC) may allow up to 8 units per acre, and a conceptual plan is already in place for single-family lots, condominiums, or apartments. Developers will appreciate that all major utilities run directly along the property at the lot lines, as well as the convenience of multiple established access points for the residential subdivision. Boasting superb location dynamics, the property sits just a quarter-mile from the Food City at Brakebill Road and is surrounded by several thriving, high-density subdivisions within a one-mile radius. Do not miss this turnkey, highly versatile development canvas in one of East Tennessee's rapidly expanding corridors!

More Information

Property Sub-Type

Commercial
Yes
Rural
Yes
Single Family
Yes
Other
Yes

Topography

Rolling
Yes

Road Access

Public Road
Yes
U.S. Highway
Yes

Road Frontage

County
Yes
State
Yes

Sale Options

Fee Simple
Yes

Improvements

Other
Yes

Lot Description

Creek
Yes
Rolling Slope
Yes
Wooded
Yes

Easements

Other
Yes

Documents on File

Soil Test
Yes
Topography Map
Yes

Developmnt Potential

Commercial
Yes
Multi-Family
Yes
Single Family
Yes
Subdivision
Yes

Utilities Available

Electricity
Yes
Gas
Yes
Sewer
Yes
Telephone
Yes
Water
Yes

Zoning

Zoned Commercial
Yes
Zoned Multi-Family
Yes
Zoned Office
Yes
Zoned Residential
Yes

Present Structures

None
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes
New Loan
Yes
USDA Loan
Yes
VA Loan
Yes

Showing Instructions

See Agent Instructns
Yes

Property Features

Property Sub-Type: Commercial; Rural; Single Family; Other Topography: Rolling Road Frontage: County; State Road Access: Public Road; U.S. Highway Sale Options: Fee Simple Improvements: Other Easements: Other Lot Description: Creek; Rolling Slope; Wooded Documents on File: Soil Test; Topography Map Developmnt Potential: Commercial; Multi-Family; Single Family; Subdivision Utilities Available: Electricity; Gas; Sewer; Telephone; Water Zoning: Zoned Commercial; Zoned Multi-Family; Zoned Office; Zoned Residential Present Structures: None New Financing: Cash; Conventional; FHA; New Loan; USDA Loan; VA Loan Showing Instructions: See Agent Instructns
IDX
Listing Office: Southland Realtors, Inc
Last Updated: July - 23 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.