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00 Strawberry Plains Pike - The Troutt Farm 36.3 Acres of Residential Land Offered at $1,800,000 in Knoxville, TN 37914

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INVESTMENT HIGHLIGHTS

  • Suburban Growth Area, Approx. 12 acres zoned for up to 12 dwellings per acre

EXECUTIVE SUMMARY

Welcome to the Troutt farm! This unrestricted piece of acreage is located perfectly for anyone wanting one of the few remaining large acreage tracts left in east Knox county. It is comprised of level areas and rolling hills, complete with a spring in the back corner of the property. This generational piece of land has never been listed before and offers a plethora of uses for the new owners. Approximately 12+ acres of the property is zoned RB, allowing up to 12 dwellings per acre, with the remainder acreage zoned AG (agricultural). This combination zoning allows for a large variety of uses. Due to the exponential growth throughout Knox county and the scarcity of large acreage tracts with no restrictions or easements on them, this property is located perfectly to be used for much needed residential development. Alternatively, the property's history as a cattle farm can be revived, providing a unique opportunity for a personal estate farm. The existing forest of both soft and hardwood tree species has created a picturesque setting to build your own private getaway or establish the family legacy. The property has road frontage on both Strawberry Plains and Thorn Grove Pikes, making it a quick, easy trip to downtown Knoxville to the west or the new Midtown Industrial Park to the east. Electrical service, natural gas, and municipal water is available roadside. There is NO residential sewer available at the property. The closest sewer line that could be tapped for residential use is approximately 4,000' down Thorngrove Pike. So the new owner would need to work with the local utility provider to connect this property to a residential line or install a private septic, like a community pump/grind system. Parts of the property have been cleared and fresh trails have been cut throughout the property via forest mulcher. The sellers are open to owner-financing proposals, providing flexibility for both investors or families looking to make this property their own. Be sure to check out the interactive map to see all aspects of the property. If you are unable to access it from the website you are using, reach out to the listing broker and he will provide you the link. Call our office for more details!

PROPERTY FACTS

Price $1,800,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Hold For Development
  • Hold For Investment
  • Open Space
  • Parking Lot
  • Single Family Development
  • Agricultural
  • Agribusiness
  • Pasture Ranch
  • Single Family Residence
Total Lot Size 36.30 AC
Zoning RB, AG - RB (residential general) - Allows up to 12 dwelling per acres. Approx. 12 acres of this tract are zoned RB. AG (agricultural) - Farm/ranch/open space

1 LOT AVAILABLE

Lot

Price $1,800,000
Price Per AC $49,586.78
Lot Size 36.30 AC

Blank canvas, ready to develop

  • Listing ID: 34224987

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 00 Strawberry Plains Pike, Knoxville, TN 37914

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