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

Overview

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.

Listing Details MLS# 1279684

Location Tax Legal Info

House #
8606
Street Name
Asheville
St Suffix
Hwy
State/Province
TN
Zip Code
37924
PIN #
062 251

Contract Info

Auction Y/N
Yes

General Property Description

Lot Dimensions
3+/- acres
Acres
3
Acre Source
Tax Records
Restrictions
Yes
Property Status
N/A

Status Change Info

Status Change Date
2024-11-27
Under Contract Date
2024-11-04
Sold Date
2024-11-27

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)

Location, Tax & Legal Info

Area
Knox County - 1
City/County Code
County
Total Tax
2058.74

More Information

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.

Property Sub-Type

Commercial
Yes

Topography

Cleared
Yes
Level
Yes
Rolling
Yes

Road Access

U.S. Highway
Yes

Road Frontage

Paved
Yes
State
Yes

Sale Options

Fee Simple
Yes
Will Not Divide
Yes

Improvements

Utilities on Site
Yes

Lot Description

Irregular Lot
Yes
Level
Yes
Rolling Slope
Yes

Easements

Other
Yes

Documents on File

None
Yes

Developmnt Potential

Commercial
Yes

Utilities Available

Electricity
Yes
Sewer
Yes
Water
Yes

Zoning

Zoned Agricultural
Yes
Zoned Commercial
Yes

Present Structures

Other
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing Instructions

See Agent Instructns
Yes

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
Listing Office: Powell Auction & Realty,LLC
IDX
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, 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.