Rare Knoxville Development Opportunity | Minutes to The University of Tennessee
Located at 3307 Pilkay Road, this rare offering presents an exceptional opportunity for investors, developers, and visionary homeowners alike. Formerly a church, the 960-square-foot structure sits on a generous 10,149-square-foot lot and has been stripped down to the framing, providing a blank canvas for a complete renovation or redevelopment.
For those seeking an even larger project, 3 adjacent properties are also available for purchase: 3309 Pilkay Road, 3808 Reagan Avenue, and 3812 Reagan Avenue. Combined, all five parcels total approximately 35,000 square feet, creating a unique development opportunity in a highly desirable Knoxville location.
Property Highlights:
Zoned RN-2, allowing for a variety of residential development options.
Sewer, water, and electricity are available on each lot.
Existing structure features a solid exterior and is ready for a new interior build-out.
Three cleared adjoining lots offer excellent new construction potential.
A scenic creek runs along the rear of the property, adding natural beauty and privacy.
Ideal for developers interested in building single-family homes, duplexes, or fourplexes.
Perfect for homeowners seeking space, flexibility, and the opportunity to create a custom property.
Prime Knoxville Location
Just a 1-minute drive to 5-minute walk to West High School.
Only 6-10 minutes from the University of Tennessee campus and Cumberland Avenue shopping and dining district.
Approximately 5 minutes to major conveniences including Kroger, Publix, Starbucks, Chick-fil-A, and the local Farmers Market.
Whether you're an investor pursuing a profitable development project or a homeowner with a vision for a unique property, this is a rare opportunity to create something truly special. Don't miss your chance to secure multiple parcels in one of Knoxville's most convenient and sought-after locations.
For sale
$155,000
3307 Pilkay Rd, Knoxville, TN 37919
1beds
960sqft
Single Family Residence
Built in 1952
10,018 Square Feet Lot
$-- Zestimate®
$161/sqft
$-- HOA
What's special
Three cleared adjoining lotsSolid exterior
- 10 days |
- 1,095 |
- 54 |
Zillow last checked:
Listing updated:
Listed by:
Yahya Alshawi 865-909-7217,
EXIT Realty Pros TN 865-383-3948
Source: East Tennessee Realtors,MLS#: 1345238
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None, Other
Cooling
- Other
Appliances
- Included: None, Other
Features
- Flooring: Hardwood
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Brick
Interior area
- Total structure area: 960
- Total interior livable area: 960 sqft
Property
Parking
- Total spaces: 8
- Parking features: On Street, Off Street, Designated Parking, Carport, RV Access/Parking
- Carport spaces: 8
- Has uncovered spaces: Yes
Features
- Exterior features: Balcony
- Waterfront features: River
Lot
- Size: 10,018 Square Feet
- Features: Corner Lot
Details
- Parcel number: 107DJ018
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Frame
Condition
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Cox Third Creek Pt 2
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $27,300
- Annual tax amount: $106
- Date on market: 6/19/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,472/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $155,000-55.7%$161/sqft |
Source: | ||
| 8/16/2025 | Listing removed | $350,000$365/sqft |
Source: | ||
| 2/20/2025 | Listed for sale | $350,000+4761.1%$365/sqft |
Source: | ||
| 4/19/2024 | Sold | $7,200-28%$8/sqft |
Source: Public Record Report a problem | ||
| 10/8/2019 | Sold | $10,000$10/sqft |
Source: Public Record Report a problem | ||
| 7/13/2015 | Sold | $10,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $106 | $6,825 |
| 2024 | $106 | $6,825 |
| 2023 | $106 | $6,825 |
| 2022 | $106 -5.4% | $6,825 +29.4% |
| 2021 | $112 | $5,275 -75% |
| 2020 | $112 | $21,100 |
| 2019 | $112 | $21,100 |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Marble City
Nearby schools
GreatSchools rating
- 3/10West View Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 6/10Bearden Middle SchoolGrades: 6-8Distance: 3.8 mi
- 8/10West High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: West View
- Middle: Bearden
- High: West
Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Knox County
- Knoxville
- 37919
- Marble City
- 3307 Pilkay Rd







