Dowell Springs BLVD - Prime location for Office or Multifamily Uses
Vacant Land
for Sale
| Catylist Listing ID: |
30727133 |
| Property Subtypes: |
Multi-Family, Office, Other
|
| Gross Land Area: |
9.73 Acres
|
| Sale Price: |
$4,865,000 |
| Unit Price: |
$500,000 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/8/2023 |
Overview / Comments
Restrictions have been updated to allow Multifamily uses. Parcel is 9.73 acres located in Dowell Springs Park off Middlebrook Pike. Nearby property uses include medical, office, law enforcement and legal. Zoned Office Park.
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Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Taxing Authority: |
Knoxville, Knox County |
| Tax ID/APN: |
106DA00911 |
| Zoning: |
OP |
| Property Located Between: |
Middlebrook Pike and Dowell Springs Blvd |
| Property Visibility: |
Excellent |
| Legal Description: |
Lot 4R6 - 1 Final Subdivision of Dowell Springs Resubdivision |
| Largest Nearby Street: |
Middlebrook Pike |
| Zoning Description: |
The OP Office Park Zoning District is intended to accommodate large office developments and office parks/campuses. The district is oriented toward larger-scale complexes that may include accessory services for employees such as personal services, restaurants, and retail establishments. District standards are intended to guide the development of office as a more campus-like environment. |
| Part of Planned Development?: |
Yes |
| Development Name: |
Dowell Springs |
| Topography: |
Gently Sloping |
| Easements: |
Utilities, Other |
| Easements Description: |
Detention Pond Easement, Drainage Easement, and other typical subdivision easements. |
| Soil Type: |
Clay |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,300 |
65,689 |
161,028 |
| Median Age: |
30.55 |
35.5 |
35.87 |
| Households: |
2,519 |
29,849 |
69,098 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither East Tennessee Realtors nor
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