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1145 Midtown Commons Way
Knoxville, TN 37931
Land For Sale · 4.94 AC

INVESTMENT HIGHLIGHTS

  • Middlebrook Commons is a 5-acre development site with plans, environmental, and engineering in place for residential development.
  • Raw and rolling land, zoned OB and already approved for 120 total apartment units on the site.
  • Located on a four-lane highway and within 1,000 feet of a major grocery chain.
  • Strong demographics with projected 5-year population growth of 3.5% and median household income of $85,000 in a one-mile radius.
  • Utilities to site, along Middlebrook Pike in front of the property.
  • Situated approximately 20 minutes west of Downtown Knoxville via I-40 and Middlebrook Pike.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 4.94 AC
Zoning OB - Office, Medical, and Related Services Zone

DESCRIPTION

This 4.94 acres of land is located on a State of Tennessee divided four lane highway with median. The property is 1,000 feet from a major Kroger grocery store and close to the intersection of Cedar Bluff Road and Middlebrook Highway. This is highly desirable site that is located at the heart of the geographic center of the City of Knoxville.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 105-057
  • 105-058
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$23,575
  • Listing ID: 30443116

  • Date on Market: 12/26/2023

  • Last Updated:

  • Address: 1145 Midtown Commons Way, Knoxville, TN 37931

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