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636 Emory rd

1.58 Acres of Commercial Land Offered at $1,875,000 in Powell, TN 37849

Investment Highlights

  • High Desirable Location on E Emory Road (25,270 VPD)
  • For Sale or Ground Lease
  • 1.25 Acres Useable and Pad Ready with 250 ft of Frontage
  • Strong National QSR Tenant Mix Surrounding Property

Executive Summary

Oliver Smith Realty and Development Company is pleased to present a rare opportunity to acquire or ground lease 1.58 acres (1.25 Buildable) of land that is pad ready with over 250 feet of frontage, located on highly desirable E Emory Road in Powell, TN.
This lot is perfect for many users, all of the major QSR national brands surround the property. Popular Chic-fil-A is located only 8 rows over from our Subject Parcel. Directly next door to our Subject Property you have a Take 5 Oil being developed. We consider E Emory Road an "A" corridor that delivers a strong 25,270 VPD traffic count, and is within close proximity to shopping, and schools. You have I-75 Interstate access near the site which can shoot you right Downtown Knoxville within 13 minutes.
E Emory Road has filled up quickly, and opportunities are few to none to be on this main drag. Our firm specializes in the QSR restaurant business, and we can assure you that if you are a Franchisee of a national brand looking to expand your presence in Knoxville, E Emory Road is where you want to be next.

Property Facts

Price $1,875,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Auto Repair
  • Carwash
  • Convenience Store
  • Fast Food
  • Restaurant
Total Lot Size 1.25 AC

1 Lot Available

Lot

Price $1,875,000
Price Per AC $1,186,709
Lot Size 1.58 AC

1.58 total acres, 1.25 acres usable that is rough graded with utilities available.

Description

Oliver Smith Realty and Development Company is pleased to present a rare opportunity to acquire or ground lease 1.58 acres of land that is pad ready, located on highly desirable E Emory Road in Powell, TN. This lot is perfect for many users, all of the major QSR national brands surround the property. Popular Chic-fil-A is located only 8 rows over from our Subject Parcel. We consider E Emory Road an "A" corridor that delivers a strong 25,270 VPD traffic count, and is within close proximity to shopping, and schools. You have I-75 Interstate access near the site which can shoot you right Downtown Knoxville within 13 minutes. E Emory Road has filled up quickly, and opportunities are few to none to be on this main drag. Our firm specializes in the QSR restaurant business, and we can assure you that if you are a Franchisee of a national brand looking to expand your presence in Knoxville, E Emory Road is where you want to be next.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 047-08404
  • 047-096
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,183,920

zoning

Zoning Code PC (Commerical)
PC (Commerical)
  • Listing ID: 32300887

  • Date on Market: 6/30/2024

  • Last Updated:

  • Address: 636 Emory rd, Powell, TN 37849

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