$155,000
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.
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1345238
MLS
3307 Pilkay Rd, Knoxville
Listing courtesy of EXIT Realty Pros TN.