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0 Commons Point Dr - Lot 7R-5

4.29 Acres of Commercial Land Offered at $429,000 in Knoxville, TN 37932

Executive Summary

Rare opportunity to acquire former Centerpoint Commons Development off Pellissippi Parkway north of I-40/75 towards high growth submarket Hardin Valley. The property sits within Centerpoint Business Park which is home to quality companies such as Covenant Health, TVA Credit Union, CUPA-HR and DesignSensory. Adjacent parcel in similar zoning is under construction as new apartment development. Knoxville is home of the University of Tennessee with 28,000+ students and Pellissippi State Community College is within a 5-minute drive with enrollment of 11,000+.

Property Facts

Price $429,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Bank
  • Hold For Development
  • Office Park
  • Research and Development
  • Storefront, Retail or Office
Total Lot Size 4.29 AC

1 Lot Available

Lot

Price $429,000
Price Per AC $100,000
Lot Size 4.29 AC

Rare opportunity to acquire former Centerpoint Commons Development off Pellissippi Parkway at $100,046 Per Acre.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 118AA-001
  • 118-01612
Land Assessment
$162,000
Improvements Assessment
$0
Total Assessment
$162,000

zoning

Zoning Code BP/TO
BP/TO
  • Listing ID: 26494444

  • Date on Market: 8/26/2022

  • Last Updated:

  • Address: 0 Commons Point Dr, Knoxville, TN 37932

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