Prime Development Opportunity - 7402 Pelleaux Road, Knoxville, TN 37938
1.48 Acres | Corner Lot | High-Traffic Location Between Powell & Halls
Unlock the potential of 7402 Pelleaux Road, a 1.48-acre corner lot located in one of Knoxville's fastest-growing corridors. Perfectly positioned between the thriving Powell and Halls communities, this property offers unmatched visibility, accessibility, and growth potential—making it an exceptional investment or development opportunity for builders, entrepreneurs, or commercial investors.
Property Highlights
1.48-acre corner lot with prime frontage along busy Emory Road
Over 100 feet of road frontage and exposure to 28,000+ vehicles daily
All utilities available on-site, streamlining development and construction
No city taxes—maximize profitability and minimize ongoing costs
Just 3 miles from I-75 (Emory Road exit) for convenient regional access
Situated between Powell and Halls, two of North Knoxville's most rapidly expanding areas
Investment & Development Potential
With its high visibility and heavy traffic flow, this property is ideally suited for a variety of commercial or mixed-use developments, including:
Retail or restaurant space
Professional or medical offices
Multi-unit housing or townhome development (with rezoning approval)
Service-based businesses catering to growing local demand
This location offers the perfect balance of population growth, infrastructure access, and market opportunity, making it a standout choice for forward-thinking investors.
Location Advantage
Located in the 37938 ZIP code, the area surrounding Pelleaux Road has seen steady expansion with new housing, retail, and community amenities. Its proximity to I-75, downtown Knoxville, and major employers ensures a strong foundation for future development.
Whether you're planning a new business venture or building out a long-term investment strategy, 7402 Pelleaux Road delivers the visibility and accessibility needed to thrive.
Important Details
Property outline provided for visual reference only
Rezoning may be required for certain development uses
Buyer responsible for verifying all development feasibility and zoning requirements
Schedule Your Visit
Don't miss your chance to capitalize on this rare opportunity in North Knoxville's growth corridor. Contact us today to learn more about 7402 Pelleaux Road and explore how this versatile property can bring your vision to life.
Disclaimer
Buyer to verify all information. Utilities, lot boundaries, and zoning to be independently verified by buyer/buyer's agent.
Info deemed reliable but not guaranteed. Property outline is approximate and for illustrative purposes only.
Lot/land
Price increase: $5K (6/29)
$299,900
7402 Pelleaux Rd, Knoxville, TN 37938
--beds
0baths
1.48Acres
Land
Built in ----
1.48 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Corner lot
- 887 days |
- 213 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Missy Sanders 865-384-2331,
Stephenson Realty & Auction 865-457-2327,
Blythe B Sanders,
Stephenson Realty & Auction
Source: East Tennessee Realtors,MLS#: 1250817
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Other
Lot
- Size: 1.48 Acres
- Dimensions: 152 x 281 IRR
- Features: Corner Lot, Irregular Lot
- Topography: Level, Graded
Details
- Parcel number: 038 048
- Zoning description: Zoned Residential, Subject to Zone Chng
Community & HOA
Location
- Region: Knoxville
Financial & listing details
- Tax assessed value: $185,700
- Annual tax amount: $721
- Date on market: 1/16/2025
- Listing terms: Cash,Conventional,New Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Price change | $299,900+1.7% |
Source: | ||
| 4/20/2026 | Price change | $294,900-1.7% |
Source: | ||
| 1/23/2026 | Price change | $299,900+0.7% |
Source: | ||
| 4/26/2025 | Price change | $297,900-0.7% |
Source: | ||
| 1/26/2024 | Listed for sale | $299,900 |
Source: | ||
| 1/23/2024 | Listing removed | -- |
Source: | ||
| 12/19/2023 | Listed for sale | $299,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $721 | $46,425 |
| 2024 | $721 | $46,425 |
| 2023 | $721 | $46,425 |
| 2022 | $721 -14% | $46,425 +17.5% |
| 2021 | $838 | $39,525 -75% |
| 2020 | $838 +67.3% | $158,100 |
| 2019 | $501 | $158,100 |
| 2018 | $501 | -- |
| 2017 | $501 +1% | $39,525 |
| 2016 | $496 | -- |
| 2015 | $496 | -- |
| 2014 | $496 | -- |
| 2013 | $496 -54% | -- |
| 2012 | $1,077 | -- |
| 2011 | $1,077 | $22,350 |
| 2010 | $1,077 | $22,350 |
| 2009 | $1,077 +6.2% | $22,350 +21.1% |
| 2008 | $1,015 +104.5% | $18,450 |
| 2007 | $496 | $18,450 |
| 2006 | $496 | $18,450 |
| 2005 | $496 -3.2% | $18,450 +6.5% |
| 2004 | $513 | $17,325 |
| 2003 | $513 | $17,325 -0.6% |
| 2002 | -- | $17,425 |
| 2001 | -- | $17,425 +13.5% |
| 2000 | -- | $15,350 |
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: 37938
Nearby schools
GreatSchools rating
- 6/10Brickey Mccloud Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 4/10Halls Middle SchoolGrades: 6-8Distance: 1.5 mi
- 5/10Halls High SchoolGrades: 9-12Distance: 1.6 mi
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
- 37938
- 7402 Pelleaux Rd







