8606 Asheville Hwy, Knoxville, TN 37924
$517,550
Property Type:
Lots & Acreage
Lot Size (sq. ft.):
130,680
Status:
Closed
Current Price:
$517,550
List Date:
10/17/2024
Last Modified:
11/27/2024
Description
ONLINE ONLY REAL ESTATE AUCTION | BIDDING BEGINS TO CLOSE: Wednesday, October 30th at 12:00PM-Noon (ET) | Commercial redevelopment opportunity in
East Knox County with this 3+/- acre property. Former Helma's Restaurant location. Endless redevelopment possibilities available with this property. Water, sewer and electricity are available. Existing 13000 SF restaurant building and smaller building - buildings are in rough condition and may hold no value. Located at the Asheville Highway/Andrew Johnson Highway split.Zoned CA - General Business in the front of the property and A - Agriculture in the back of the property. Close to KUB substation. Approx. 262′ of road frontage on Asheville Highway.
More Information MLS# 1279684
Location, Tax & Legal Info
Area: Knox County - 1
City/County Code: County
Total Tax: 2058.74
Contract Info
Auction Y/N: Yes
Current Price: $517,550
Status: Closed
Listing Date: 2024-10-17
General Property Description
Lot Dimensions: 3+/- acres
Acres: 3
Acre Source: Tax Records
Restrictions: Yes
Property Status: N/A
Remarks & Misc
Directions: From I-40 take exit 394 (Asheville Highway). Head east on Asheville Highway. The property will be on the right, just before the Asheville Highway/A J Highway split.
Public Remarks: ONLINE ONLY REAL ESTATE AUCTION | BIDDING BEGINS TO CLOSE: Wednesday, October 30th at 12:00PM-Noon (ET) | Commercial redevelopment opportunity in
East Knox County with this 3+/- acre property. Former Helma's Restaurant location. Endless redevelopment possibilities available with this property. Water, sewer and electricity are available. Existing 13000 SF restaurant building and smaller building - buildings are in rough condition and may hold no value. Located at the Asheville Highway/Andrew Johnson Highway split.Zoned CA - General Business in the front of the property and A - Agriculture in the back of the property. Close to KUB substation. Approx. 262′ of road frontage on Asheville Highway.
Auction
Bidder Must Qualify: Yes
Buyers Premium: Yes
Buyers Premium %: 10
Remote Bidding: Yes
Real Estate Only: Yes
RE & Personal Prop: No
Auction Date: 2024-10-30
Auction Location: Online Bidding Only
Auction Time: 12:00PM - Noon (ET)
Property Sub-Type
Commercial: 1
Topography
Cleared: 1
Level: 1
Rolling: 1
Road Access
U.S. Highway: 1
Road Frontage
Paved: 1
State: 1
Sale Options
Fee Simple: 1
Will Not Divide: 1
Improvements
Utilities on Site: 1
Lot Description
Irregular Lot: 1
Level: 1
Rolling Slope: 1
Easements
Other: 1
Documents on File
None: 1
Developmnt Potential
Commercial: 1
Utilities Available
Electricity: 1
Sewer: 1
Water: 1
Zoning
Zoned Agricultural: 1
Zoned Commercial: 1
Present Structures
Other: 1
New Financing
Cash: 1
Conventional: 1
Showing Instructions
See Agent Instructns: 1
Location Tax Legal Info
House #: 8606
Street Name: Asheville
St Suffix: Hwy
State/Province: TN
Zip Code: 37924
PIN #: 062 251
Geo Lat: 36.024757
Geo Lon: -83.736577
Status Change Info
Status Change Date: 2024-11-27
Under Contract Date: 2024-11-04
Sold Date: 2024-11-27
Sold Price: $517,550
Property Features
Property Sub-Type: Commercial
Topography: Cleared; Level; Rolling
Road Frontage: Paved; State
Road Access: U.S. Highway
Sale Options: Fee Simple; Will Not Divide
Improvements: Utilities on Site
Easements: Other
Lot Description: Irregular Lot; Level; Rolling Slope
Documents on File: None
Developmnt Potential: Commercial
Utilities Available: Electricity; Sewer; Water
Zoning: Zoned Agricultural; Zoned Commercial
Present Structures: Other
New Financing: Cash; Conventional
Showing Instructions: See Agent Instructns
Documents
KUB Utility Layout Maps ›Listing Office: Powell Auction & Realty,LLC
Office Phone: 865-938-3403
Last Updated: November - 27 - 2024
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,
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