Asking Price: $180,000
Lot Size: 84071
Cost per Square Foot: $2.14
This is an outstanding level parcel with regular dimensions on the corner of Millertown Pike and Ellistown Rd in the emerging East Knoxville Market. Located less than 1 mile from Rutledge Pike and 4 miles from I-640, both providing easy access to all parts of Knoxville and surrounding areas. With county residential development pushing east along Millertown Pike, this parcel is primed to see long term benefit from being in the path of development. Owners willing to subdivide.
An example is Ely Park. A new single family home development laying 1/10th of a mile east of this offering. It addresses the need for affordable 3bd/2ba single family homes, with a starting price of $169,000.00. This development is actively building and selling homes on 173 single family lots in Phase I. This area of East Knox County offers some of the more affordable land that is able to be developed in Knoxville, this area will continue to grow!
Key Points: Flat topography $180,000- 1.93 Acres Emerging market Corner property Commercial Zoning