2731 Asbury Rd, Knoxville, TN 37914 (MLS# 1321583)

2731 Asbury Rd, Knoxville, TN 37914

$479,000

all_floors_2731_asbury_road_knoxville_wi

Property Type: Single Family Bedrooms: 4 Square Footage: 2,240 Lot Size (sq. ft.): 57,000 Status: Active

Current Price: $479,000 List Date: 11/14/2025 Last Modified: 3/28/2026

Overview

Description

A unique opportunity in Knoxville, 1.29 acre corner property offers strong road frontage, excellent visibility, and flexibility for a variety of potential uses. Located near established local businesses including Cruze Farm, the setting provides a blend of accessibility and exposure while still maintaining usable space and character. The property is improved with an existing all brick structure originally built in 1949, along with a barn and additional outdoor space. The structure is currently grandfathered residential use and offers approximately 2,240 square feet with four bedrooms and three bathrooms. Interior features include hardwood flooring, original wood trim, updated paint, and an updated kitchen with a large island. A full unfinished basement provides additional space for storage, workshop use, or future build out. Zoned industrial, the property presents potential for certain business or live work scenarios depending on the intended use. Public utilities are available, including sewer, water, gas, and fiber. Buyers are encouraged to verify all zoning, permitted uses, and requirements with Knox County Codes and Zoning. Per Knox County, the current residential use is considered a legal nonconforming use. There may be potential for a home based or mixed use setup depending on the nature of the business and required separation, however buyers should consult directly with Knox County for guidance. Conversion to a commercial use may affect the ability to revert back to residential use. The recorded plat reflects right of way considerations along the rear of the property. Buyers to verify any access, use, or restrictions associated with this area. With its combination of location, utilities, existing improvements, and flexibility, this property offers a rare opportunity for buyers seeking space for a business, investment, or adaptive use in an area with continued growth.

Listing Details MLS# 1321583

Location Tax Legal Info

House #: 2731
Street Name: Asbury
St Suffix: Rd
State/Province: TN
Zip Code: 37914
PIN #: 110 02301

Contract Info

Auction Y/N: No
Listing Price: 479000

General Property Description

Type: Basement Ranch
Lot Size SqFt: 57000
Acres: 1.29
Acre Source: Survey
Site Built: Yes
Restrictions: No
SqFt - Total (Aprox): 2240
SqFt - Main Lvl: 2240
SqFt - Down Lvl: 1900
Total Unfinished SqFt: 1900
# Bedrooms: 4
Baths - Full: 3
# of Rooms: 8
Fireplace: Yes
# Fireplace: Yes
Property Status: N/A
HOA: No
Year Built: 1949
Bonus Room: Yes
Extra Storage: Yes
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
Basement: Yes

Status Change Info

Status Change Date: 2025-11-14

Location, Tax & Legal Info

Area: Knox County - 1
Property Sub-Type: Residential
Community: Asbury
City/County Code: County
Total Tax: 913.36

Remarks & Misc

Directions: Start in downtown Knoxville, Head East on I-40 Take Exit 394, Left on US 11E Right on East Governor John Sevier Highway Right onto North National Drive Left onto Asbury Road
Public Remarks: A unique opportunity in Knoxville, 1.29 acre corner property offers strong road frontage, excellent visibility, and flexibility for a variety of potential uses. Located near established local businesses including Cruze Farm, the setting provides a blend of accessibility and exposure while still maintaining usable space and character. The property is improved with an existing all brick structure originally built in 1949, along with a barn and additional outdoor space. The structure is currently grandfathered residential use and offers approximately 2,240 square feet with four bedrooms and three bathrooms. Interior features include hardwood flooring, original wood trim, updated paint, and an updated kitchen with a large island. A full unfinished basement provides additional space for storage, workshop use, or future build out. Zoned industrial, the property presents potential for certain business or live work scenarios depending on the intended use. Public utilities are available, including sewer, water, gas, and fiber. Buyers are encouraged to verify all zoning, permitted uses, and requirements with Knox County Codes and Zoning. Per Knox County, the current residential use is considered a legal nonconforming use. There may be potential for a home based or mixed use setup depending on the nature of the business and required separation, however buyers should consult directly with Knox County for guidance. Conversion to a commercial use may affect the ability to revert back to residential use. The recorded plat reflects right of way considerations along the rear of the property. Buyers to verify any access, use, or restrictions associated with this area. With its combination of location, utilities, existing improvements, and flexibility, this property offers a rare opportunity for buyers seeking space for a business, investment, or adaptive use in an area with continued growth.

More Information

Atchd/Dtchd Type

Detached: Yes

Style

Traditional: Yes

Construction

Frame - Brick: Yes

Siding

Brick: Yes

Fireplace

Masonry: Yes
Wood Burning: Yes

Cooling

Central Cooling: Yes

Floors

Hardwood: Yes
Tile: Yes

Garage/Parking

Garage Spaces: 2
Attached: Yes
Garage Faces Rear: Yes
Main Level: Yes

Basement

Unfinished: Yes

Lot Description

Corner Lot: Yes
Level: Yes

Fuel

Electric: Yes
Gas (Natural): Yes

Heat

Central: Yes

Dining Area

Formal Dining Area: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Gas Range: Yes
Microwave: Yes
Range: Yes
Washer: Yes

Other Rooms

Bedroom Main Level: Yes
Extra Storage: Yes
Family Room: Yes
Laundry/Utility: Yes
Mstr Bdrm Main Level: Yes
Office: Yes
Sunroom: Yes

Exterior Features

Cable Available (TV Only): Yes
Porch - Covered: Yes
Windows - Vinyl: Yes

Misc Features

Drapes: Yes
Internet Available: Yes
Kitchen Island: Yes
Pantry: Yes
Washer/Dryer Connect: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Outbuildings

Barn: Yes

New Financing

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Showing

See Agent Instructns: Yes

Property Features

Style: Traditional Construction: Frame - Brick Siding: Brick Basement: Unfinished Lot Description: Corner Lot; Level Fireplace: Masonry; Wood Burning Floors: Hardwood; Tile Fuel: Electric; Gas (Natural) Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Gas Range; Microwave; Range; Washer Sewer: Public Sewer Water: Public Other Rooms: Bedroom Main Level; Extra Storage; Family Room; Laundry/Utility; Mstr Bdrm Main Level; Office; Sunroom Misc Features: Drapes; Internet Available; Kitchen Island; Pantry; Washer/Dryer Connect Exterior Features: Cable Available (TV Only); Porch - Covered; Windows - Vinyl Outbuildings: Barn Dining Area: Formal Dining Area Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; VA Loan

Listing Office: Southern Homes & Farms, LLC

IDX

Office Phone: 865-471-0070

Last Updated: March - 28 - 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.