$2,700,000

6501 Rutledge Pike Knoxville, TN 37924

Estimated payment $14,658/month

Total Views 13,127
4 Beds
3 Baths
3,640 Sq Ft
$742 Price per Sq Ft

About This Home

Knoxville, Tennessee is full of potential for investors but as time goes on it is getting harder to find qualified investment properties that can be used and/or rezoned. Well, here is your opportunity. This property sits on the northeast side of Knoxville where land is becoming a premium for businesses and land development, especially the Rutledge Pike area. The property offers plenty of acreage for commercial growth as well as expandable residential growth into single family or vertical condominiums. Access to the property is extremely easy using Interstate 75 and the 640 Bypass, making it perfect for commercial vehicle traffic. If residential is your potential growth market then building in this area is ideal as it’s minutes from downtown and minutes from other major suburbs. Utilities are located on Rutledge Pike like brand new high speed fiber optic cable. Located on the property are several existing buildings including a rustic cedar cabin that can be used for a potential business office space or rental property, adding substantial income potential and value. We do want to mention there is a one acre optional property that can be bought from the current seller adjacent to this listing. Arrowhead Land Company also has a commercial property that touches this listing on the east side that would add another five acres of land that can be bought separately. All this together adds huge potential in an ever growing opportunity zone around Knoxville. Seller is motivated and wants to see this sold and developed. All showings are by appointment. If you have any questions or are interested in a private showing, please contact Brian Whitt at (423) 494-7793 or Faith Whitt at (937) 477-4716.



Disclaimer: The boundary lines shown are approximate and are provided for general reference only. Arrowhead Land Company makes no representations or warranties, express or implied, as to the accuracy, completeness, or reliability of those property lines. Buyers are advised to obtain an independent survey to verify exact property boundaries.

Listing Agent

Brian Whitt

Arrowhead Land Company Listed on: 08/14/2024

Listing Provided By

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,275

Lot Details

  • Current uses include commercial
  • Potential uses include for development

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,275

Lot Details

0

Listing Details

  • Bedrooms: Beds: 4
  • BathsCombined: 3
  • Office Phone: 937-545-7764
  • Listing Website: https://www.land.com/property/6501-rutledge-knoxville-tennessee-37924/21207807/
  • Property Type: Commercial
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Potential Use: For Development
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 3

Lot Info

  • Current Use: Commercial

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,275 $210,725 $0 $0
2023 $3,275 $210,725 $0 $0
2022 $3,275 $210,725 $0 $0
2021 $1,388 $65,475 $0 $0
2020 $1,388 $65,475 $0 $0
2019 $1,388 $65,475 $0 $0
2018 $1,388 $65,475 $0 $0
2017 $1,388 $65,475 $0 $0
2016 $1,491 $0 $0 $0
2015 $1,491 $0 $0 $0
2014 $1,491 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 For Sale $2,700,000 -- $742 / Sq Ft

Purchase History

Date Type Sale Price Title Company
Deed $86,655 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Closed $88,475 New Conventional
Closed $180,000 Unknown
Closed $72,400 Unknown
Source: Public Records