Central Avenue Pike, Knoxville, TN 37912

Property 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 Previous, outdated site plans showcased a 115-unit layout, but modern designs incorporating three-story plus multi-family structures can easily double that output under current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.