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8631 Walbrook Dr

5.18 Acres of Commercial Land Offered at $2,500,000 in Knoxville, TN 37923

Commercial Land Tennessee Knoxville 8631 Walbrook Dr, Knoxville, TN 37923

Executive Summary

On I- 40/75 frontage road. Fronts on Walker Springs Rd and Walbrook Drive. Existing master plan: MOTEL + RESTAURANT + OFFICE CONDO still makes sense. (Ask to discuss plan) Billboard and permitted pilon sign on property. NO city taxes, still in County. Enterprise Zone tax credits available. 5 stories over a garage is approved. Access road connecting Walbrook and Walker Springs. Too many uses to mention. Owner will divide.

Attachments

proposed master plan
traffic count

Property Facts

Price $2,500,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Fast Food
  • Restaurant
  • Storefront, Retail or Office
No. Lots 1 Total Lot Size 5.18 AC
Property Type Land
Price $2,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Fast Food
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 5.18 AC

1 Lot Available

Lot 1

Price $2,500,000 Lot Size 5.18 AC
Price Per AC $482,625.48
Price $2,500,000
Price Per AC $482,625.48
Lot Size 5.18 AC

Option to purchase smaller lots.

Description

350 Feet Frontage & 722 Feet Lot Depth. Existing 1960s 200 unit extended stay motel now demolished. Best master plan: MOTEL + RESTAURANT + OFFICE CONDO still makes sense (Ask to discuss). 2 sided Billboard and permitted pylon sign on property. NO city taxes, still in County. Enterprise Zone tax credits available. Approved for 5 story construction over a garage. Access road connecting Walbrook and Walker Springs. Too many uses to mention. OWNER WILL DIVIDE Prime Interstate Exit. On I-40/75 frontage road. Great Visability on NW quadrant I40/75 Walker Springs exit. Fronts on Walker Springs Rd and Walbrook Drive.

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PROPERTY TAXES

Parcel Number 119LA-00301 Improvements Assessment $0
Land Assessment $0 Total Assessment $601,640

PROPERTY TAXES

Parcel Number
119LA-00301
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$601,640

zoning

Zoning Code CA
CA
(865) 604-6380

Contact

  • Listing ID: 3851584

  • Date on Market: 8/26/2015

  • Last Updated:

  • Address: 8631 Walbrook Dr, Knoxville, TN 37923

More public record information on 8631 Walbrook Dr, Knoxville, TN 37923

The Land Property at 8631 Walbrook Dr, Knoxville, TN 37923 is currently available for sale. Contact US Realty Investment Corporation for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

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8631 Walbrook Dr
(865) 604-6380 x

8631 Walbrook Dr

Jerry Glenn

(865) 604-6380

(865) 604-6380

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