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.

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

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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


Photograph of Listing Agent

Mark Shipe

Holrob ETNRCRE Member
Photograph of Listing Agent

John Griess CCIM

Holrob ETNRCRE Member
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