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Lot/land
  • $449,000

    505 N Highway 92, Jefferson City, TN 37760

    --beds
    --baths
    2.21Acres
    Unimproved Land, Land
    Built in ----
    2.21 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime development opportunities with this level of visibility are becoming increasingly rare. Located at 505 N Highway 92, Jefferson City, TN, this 2.21± unrestricted acre property offers exceptional highway frontage and exposure in one of Jefferson County's growing commercial corridors, making it an outstanding opportunity for investors, developers, business owners, and builders alike. The gently rolling, mostly open landscape provides an excellent canvas for a wide variety of future uses. Whether your vision includes a shopping center, retail plaza, restaurant, medical or professional offices, mixed-use development, apartment complex, townhome community, condominiums, single-family residential development, or a private estate, this unrestricted property offers the flexibility to bring your plans to life. Given the property's outstanding visibility, traffic exposure, and surrounding growth, a shopping center or retail development represents one of the highest and best potential uses (subject to buyer's due diligence and all applicable governmental approvals). Enjoy the benefit of county taxes only, with public water and electricity available at the road. Sewer may be available, or the property may be suitable for a septic system depending on the proposed development and buyer's due diligence, providing flexibility for a variety of project types. Conveniently located just minutes from downtown Jefferson City, Douglas Lake, Cherokee Lake, Carson-Newman University, and Interstate 40, the property offers easy access to Knoxville, Morristown, Dandridge, and Sevierville while benefiting from the area's continued residential and commercial growth. Whether you're ready to develop today or invest for tomorrow, opportunities offering unrestricted acreage, outstanding highway visibility, county-only taxes, and this level of development potential are becoming increasingly difficult to find. Information is deemed reliable but not guaranteed. Buyer to verify all information to their satisfaction. Bonus Opportunity: The existing billboard located on the property is available for purchase directly from the seller creating an additional advertising or income-producing opportunity.
    15 days
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    78
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    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    Katelyn Warren 865-416-2220,

    Century 21 Legacy GP 865-436-7121

    Source: Lakeway Area AOR,MLS#: 712304MLS Logo

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 2.21 Acres
      • Dimensions: 2.21
      • Features: Cleared, Gentle Sloping, Level, Views, Wooded
      Details
      • Parcel number: 046 00202 000
      • Zoning: Residential

      Utilities & green energy

      • Sewer: Other
      • Water: Public
      • Utilities for property: Electricity Available, Water Available, Fiber Internet

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Jefferson City

      Financial & listing details

      • Tax assessed value: $211,800
      • Annual tax amount: $426
      • Date on market: 7/23/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,948/mo

        Price history

        DateEventPrice
        7/3/2026Listed for sale$449,000+95.2%
        Source: GSMAR, GSMMLS #312612 Report a problem
        11/15/2024Sold$230,000-6.9%
        Source: East Tennessee Realtors #1262204 Report a problem
        10/3/2024Pending sale$247,050
        Source: United Country #41025-28373 Report a problem
        10/2/2024Contingent$247,050
        Source: RealTracs MLS as distributed by MLS GRID #2688601 Report a problem
        10/2/2024Pending sale$247,050+56.9%
        Source: East Tennessee Realtors #1262204 Report a problem
        6/21/2024Sold$157,500-36.2%
        Source: Public Record Report a problem
        6/21/2024Price change$247,050-38.7%
        Source: East Tennessee Realtors #1262204 Report a problem
        5/8/2024Listed for sale$402,900+259.7%
        Source: East Tennessee Realtors #1262204 Report a problem
        10/28/1996Sold$112,000+166.7%
        Source: Public Record Report a problem
        9/7/1995Sold$42,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$789 +4.2%$52,950
        2024$757 +21.4%$52,950 +95.2%
        2023$624 +5%$27,125
        2022$594 $27,125
        2021$594 $27,125
        2020$594 $27,125
        2019$594 -6.8%$27,125
        2018$637 +0.1%$27,125
        2017$637 $27,125
        2016$637 -0.1%$27,125
        2015$637 $27,125
        2014$637 $27,125
        2013-- $27,125 -11.4%
        2012$658 +4.9%$30,600
        2011$627 $30,600
        2010$627 $30,600
        2009-- $30,600 +46.2%
        2008$479 +10.6%$20,925
        2007$433 +13.1%$20,925
        2006$383 $20,925
        2005$383 -11.2%$20,925
        2004$431 +39.5%$20,925 +35.4%
        2003$309 $15,450 +0.1%
        2001-- $15,441 -78.4%
        2000-- $71,323
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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: 37760

        Getting around

        0 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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