0 Central Ave Pike, Knoxville, TN 37912

New Listing
Property Type: Lots & Acreage Lot Size (sq. ft.): 3,963,960 Status: Active
List Date: 1/13/2026 Last Modified: 1/13/2026

Description

±91.44 acres of entitled high-density residential development land located within the City of Knoxville, zoned RN-6. RN-6 zoning permits multifamily residential development, including apartments, at densities of greater than 24 dwelling units per acre, subject to site design and City approval. The property has been successfully rezoned, and a City of Knoxville staff report supporting the RN-6 zoning is available for review. The property is currently offered as one contiguous parcel, with the ability to subdivide for phased development or multiple buyers. Given the scale of the site, it is well-suited for a master-planned residential community or a mixed development approach, including multifamily apartments, build-to-rent communities, townhomes, and other attached residential product types permitted under current zoning. The site is largely undeveloped and provides flexibility for a range of development strategies. Preliminary discussions with the City have included the potential preservation of approximately 17 acres of steep terrain at the rear of the property as open space or a legacy park, aligning with hillside protection considerations and community planning objectives. No approvals or commitments are implied. Due to topography and applicable hillside protection standards, approximately 75 acres are considered potentially developable/disturbable, subject to final engineering, design, and regulatory approval. Utilities: Sewer infrastructure is available along the property frontage via both Knoxville Utilities Board (KUB) and Hallsdale-Powell Utility District, providing multiple service options supportive of large-scale or master-planned development. Additional utilities are available nearby. Due Diligence: A GeoServices geotechnical and site evaluation report has been completed and is available for review, providing additional insight into site conditions and development considerations. Market & Location Context: Knoxville has been recognized by multiple national relocation and inbound-migration studies as one of the top U.S. markets for relocation in 2026, supporting sustained demand across multifamily and residential housing product types. The property also benefits from proximity to the University of Tennessee, a major regional employer and economic driver reinforcing long-term housing demand. Sale structure, subdivision, density yield, open space concepts, and development feasibility subject to further discussion. Buyer to verify zoning, permitted uses, density, utilities, geotechnical conditions, and development feasibility with the City of Knoxville and applicable utility providers.

More Information MLS# 1326333

Location, Tax & Legal Info

Area: Knox County - 1 City/County Code: City Limits Total Tax: 0

Contract Info

Auction Y/N: No Status: Active Listing Date: 2026-01-13

General Property Description

Lot Dimensions: 2500 x 1700 Acres: 91 Acre Source: Tax Records Restrictions: No Property Status: N/A

Remarks & Misc

Directions: Central Ave Pike between Merchants Rd and Callahan Rd. The lot north of Steeplechase Apartments on Central Ave Pike. Public Remarks: ±91.44 acres of entitled high-density residential development land located within the City of Knoxville, zoned RN-6. RN-6 zoning permits multifamily residential development, including apartments, at densities of greater than 24 dwelling units per acre, subject to site design and City approval. The property has been successfully rezoned, and a City of Knoxville staff report supporting the RN-6 zoning is available for review. The property is currently offered as one contiguous parcel, with the ability to subdivide for phased development or multiple buyers. Given the scale of the site, it is well-suited for a master-planned residential community or a mixed development approach, including multifamily apartments, build-to-rent communities, townhomes, and other attached residential product types permitted under current zoning. The site is largely undeveloped and provides flexibility for a range of development strategies. Preliminary discussions with the City have included the potential preservation of approximately 17 acres of steep terrain at the rear of the property as open space or a legacy park, aligning with hillside protection considerations and community planning objectives. No approvals or commitments are implied. Due to topography and applicable hillside protection standards, approximately 75 acres are considered potentially developable/disturbable, subject to final engineering, design, and regulatory approval. Utilities: Sewer infrastructure is available along the property frontage via both Knoxville Utilities Board (KUB) and Hallsdale-Powell Utility District, providing multiple service options supportive of large-scale or master-planned development. Additional utilities are available nearby. Due Diligence: A GeoServices geotechnical and site evaluation report has been completed and is available for review, providing additional insight into site conditions and development considerations. Market & Location Context: Knoxville has been recognized by multiple national relocation and inbound-migration studies as one of the top U.S. markets for relocation in 2026, supporting sustained demand across multifamily and residential housing product types. The property also benefits from proximity to the University of Tennessee, a major regional employer and economic driver reinforcing long-term housing demand. Sale structure, subdivision, density yield, open space concepts, and development feasibility subject to further discussion. Buyer to verify zoning, permitted uses, density, utilities, geotechnical conditions, and development feasibility with the City of Knoxville and applicable utility providers.

Property Sub-Type

Other: 1

Topography

Rolling: 1

Road Access

Interstate Access: 1 Public Road: 1 U.S. Highway: 1

Road Frontage

City: 1 Paved: 1

Sale Options

Fee Simple: 1

Improvements

None: 1

Lot Description

Rolling Slope: 1 Wooded: 1

Easements

Power Line/TVA: 1

View

Wooded: 1

Documents on File

Soil Test: 1 Other: 1

Developmnt Potential

Multi-Family: 1 Single Family: 1 Subdivision: 1 Other: 1

Utilities Available

Electricity: 1 Gas: 1 Sewer: 1 Water: 1

Zoning

Zoned Multi-Family: 1 Zoned Residential: 1 Other: 1

Present Structures

None: 1

New Financing

Call Listing Agent: 1 Cash: 1

Showing Instructions

See Agent Instructns: 1

Location Tax Legal Info

Street Name: 0 Central Ave Pike State/Province: TN Zip Code: 37912 PIN #: 068 078 Geo Lat: 36.020728 Geo Lon: -83.984198

Status Change Info

Status Change Date: 2026-01-13

Property Features

Property Sub-Type: Other Topography: Rolling Road Frontage: Paved Road Access: Interstate Access; Public Road; U.S. Highway Sale Options: Fee Simple Improvements: None Easements: Power Line/TVA Lot Description: Rolling Slope; Wooded View: Wooded Documents on File: Soil Test; Other Developmnt Potential: Multi-Family; Single Family; Subdivision; Other Utilities Available: Electricity; Gas; Sewer; Water Zoning: Zoned Multi-Family; Zoned Residential; Other Present Structures: None New Financing: Call Listing Agent; Cash Showing Instructions: See Agent Instructns
Listing Office: Goldman Partners Realty, LLC
IDX
Office Phone: 865-444-3240
Last Updated: January - 13 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.