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1015 Locust St - Hill & Locust Downtown Land Opportunity

1.3 Acres of Commercial Land in Knoxville, TN 37902

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Investment Highlights

1.3± Tract with Gorgeous Views
Is within CBD & Walk-to-Campus

Ideal for Mixed Use
Opportunity Zone & Other Incentives

Property Facts Under Contract

Sale Type	Investment	Proposed Use	Multifamily Hospitality Landfill
No. Lots	1	Total Lot Size	1.30 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Hospitality Landfill
Total Lot Size	1.30 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Lot Size	1.30 AC

Lot Size	1.30 AC

Description

Listed by S. Goldman, Owner/Agent 1.3-acre Downtown Knoxville tract with gorgeous views of the Tennessee River, Smoky Mountains, the architecturally impressive Henley Street bridge and Neyland Stadium. (An additional 0.37 acres is also available west of the bridge.) Within an Opportunity Zone and CDFI Census Tract. Should qualify for a TIF or PILOT. Extensive Due Diligence materials are available. Located at the southwest corner of Knoxville’s central business district, this location offers a tranquil site for a mixed-use development such as a combination of restaurant, hospitality and residential, whether walk-to-work professionals or walk-to-campus faculty or students. This assemblage of four parcels has City Zoning of DK-B and DK-G which is favorable as it allows unlimited height and no setback requirement on any sides.