Prime development opportunity awaits at 7350 Asheville Highway in Knoxville! Spanning over 46 sprawling acres with no city taxes, this high-potential tract offers an exceptional dual-use layout featuring approximately 2 acres of CA-zoned commercial frontage in the front, perfectly positioned for business use, with roughly 45 acres of PR-zoned residential land extending behind it. Designed to accommodate high-density growth, the Knoxville-Knox County Planning commission (MPC) may allow up to 8 units per acre, and a conceptual plan is already in place for single-family lots, condominiums, or apartments. Developers will appreciate that all major utilities run directly along the property at the lot lines, as well as the convenience of multiple established access points for the residential subdivision. Boasting superb location dynamics, the property sits just a quarter-mile from the Food City at Brakebill Road and is surrounded by several thriving, high-density subdivisions within a one-mile radius. Do not miss this turnkey, highly versatile development canvas in one of East Tennessee's rapidly expanding corridors!
Active
$1,950,000
7350 Asheville Hwy, Knoxville, TN 37924
--beds
0baths
46.48Acres
Land
Built in ----
46.48 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 49 days
- 86
- 2
Zillow last checked:
Listing updated:
Listed by:
Azaan Kherani 865-924-4431,
Southland Realtors, Inc 865-693-6961,
Aaliyah Kherani 865-382-2028,
Southland Realtors, Inc
Source: East Tennessee Realtors,MLS#: 1348247
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Waterfront features: Creek
Lot
- Size: 46.48 Acres
- Dimensions: 46.48 acres
- Features: Rolling Slope, Wooded
Details
- Parcel number: 061 08305
- Zoning description: Zoned Residential, Zoned Office, Zoned Multi-Family, Zoned Commercial
Community & HOA
Location
- Region: Knoxville
Financial & listing details
- Tax assessed value: $229,200
- Annual tax amount: $1,425
- Date on market: 7/15/2026
- Listing terms: VA Loan,Cash,Conventional,FHA,New Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Listed for sale | $1,950,000+381.5% |
Source: | ||
| 10/7/2021 | Sold | $405,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,425 | $91,680 |
| 2024 | $1,425 | $91,680 |
| 2023 | $1,425 | $91,680 |
| 2022 | $1,425 -53.4% | $91,680 -36.4% |
| 2021 | $3,057 | $144,200 -60% |
| 2020 | $3,057 | $360,500 |
| 2019 | $3,057 | $360,500 -68.4% |
| 2018 | $3,057 | $1,140,500 +1165.5% |
| 2017 | $3,057 -8.6% | $90,125 |
| 2016 | $3,345 | -- |
| 2015 | $3,345 | -- |
| 2014 | $3,345 | -- |
Find assessor info on the county website








