0 Central Avenue Pike, Knoxville, TN 37912

New Listing
$1,950,000
Property Type: Lots & Acreage Lot Size (sq. ft.): 1,370,833 Status: Active
Current Price: $1,950,000 List Date: 7/14/2026 Last Modified: 7/15/2026

Overview

Description

Unlock immense value with this 31.46-acre pocket listing strategically located on Central Avenue Pike, offering roughly 20 fully usable acres perfectly primed for a signature development with 850 ft of frontage on Central Ave Pike. The site is currently zoned RN-3 (6-24 units/acre), but with the immediate neighbor zoned at RN-6, a direct path to higher density is well-supported. Local planning authorities (MPC) have expressed preliminary openness to multiple creative approaches, making this an ideal canvas for either a dedicated high-density RN-6 residential community or a premier commercial and residential mixed-use development. Previous, outdated site plans showcased a 115-unit layout, but modern designs incorporating three-story plus multi-family structures can easily double that output under current parameters. Work play style development would also be a good fit for this property.

Listing Details MLS# 1348122

Location Tax Legal Info

Street Name
Central Avenue
St Suffix
Pike
State/Province
TN
Zip Code
37912
PIN #
068 075

Contract Info

Auction Y/N
No
Listing Price
1950000

General Property Description

Lot Dimensions
31.47 acres
Acres
31.47
Acre Source
Tax Records
Restrictions
Yes
Property Status
N/A

Status Change Info

Status Change Date
2026-07-14

Location, Tax & Legal Info

Area
Knox County - 1
City/County Code
City Limits
Total Tax
2801.88

Remarks & Misc

Directions
From I-75 N, take Exit 108 for Merchant Drive. Turn right onto Merchant Dr, then take an immediate left onto Central Avenue Pike. Follow Central Avenue Pike for approximately 0.6 miles; the property will be on your right.
Public Remarks
Unlock immense value with this 31.46-acre pocket listing strategically located on Central Avenue Pike, offering roughly 20 fully usable acres perfectly primed for a signature development with 850 ft of frontage on Central Ave Pike. The site is currently zoned RN-3 (6-24 units/acre), but with the immediate neighbor zoned at RN-6, a direct path to higher density is well-supported. Local planning authorities (MPC) have expressed preliminary openness to multiple creative approaches, making this an ideal canvas for either a dedicated high-density RN-6 residential community or a premier commercial and residential mixed-use development. Previous, outdated site plans showcased a 115-unit layout, but modern designs incorporating three-story plus multi-family structures can easily double that output under current parameters. Work play style development would also be a good fit for this property.

More Information

Fencing

Barbed Wire
Yes

Property Sub-Type

Other
Yes

Topography

Partially Cleared
Yes
Rolling
Yes
Other
Yes

Road Access

Public Road
Yes

Road Frontage

City
Yes

Sale Options

Fee Simple
Yes
Will Not Divide
Yes

Improvements

None
Yes

Lot Description

Irregular Lot
Yes
Wooded
Yes

Easements

Power Line/TVA
Yes

View

Country Setting
Yes

Documents on File

Survey
Yes
Other
Yes

Developmnt Potential

Multi-Family
Yes
Recreational
Yes
Single Family
Yes
Subdivision
Yes

Utilities Available

Cable TV
Yes
Electricity
Yes
Gas
Yes
Sewer
Yes
Telephone
Yes
Water
Yes

Zoning

Zoned Multi-Family
Yes
Zoned Residential
Yes

Present Structures

None
Yes

Undeveloped

Fenced - Partial
Yes
Interstate Exposure
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes
New Loan
Yes
USDA Loan
Yes
VA Loan
Yes

Showing Instructions

See Agent Instructns
Yes

Property Features

Property Sub-Type: Other Topography: Partially Cleared; Rolling; Other Road Access: Public Road Sale Options: Fee Simple; Will Not Divide Improvements: None Easements: Power Line/TVA Lot Description: Irregular Lot; Wooded View: Country Setting Documents on File: Survey; Other Developmnt Potential: Multi-Family; Recreational; Single Family; Subdivision Utilities Available: Cable TV; Electricity; Gas; Sewer; Telephone; Water Zoning: Zoned Multi-Family; Zoned Residential Present Structures: None Fencing: Barbed Wire Undeveloped: Fenced - Partial; Interstate Exposure New Financing: Cash; Conventional; FHA; New Loan; USDA Loan; VA Loan Showing Instructions: See Agent Instructns
IDX
Listing Office: Southland Realtors, Inc
Last Updated: July - 15 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 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 daily, 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.