Land•Residential•For Sale

9109 Chapman Hwy

9109 Chapman Hwy, Knoxville, Tennessee 37920

Sale Price $850,000
Sale Type Investment
Zoning PR-Planned Residential Knox
Annual Taxes $4.00
Land Area 12.56 Acres
Land Use Single or Multi-Family development
Market South
Sub-Market Seymour
Approximate 12.56 acres with county PR zoning. Once approved for 95 town homes, with prior approved plans, permits and surveys. Owners forego-ed development due to health issued. *The appropriate development density of each project shall be determined by the planning commission but shall not exceed twenty-four (24) dwelling units per acre excluding areas set aside for churches, schools, or commercial uses Docs on file: KUB Utility Ext. Agreement, TDEC Wastewater Agreement, Prior MPC recommendation for development, Prior TDOT approval for turning lane, traffic studies, 2009 Appraisal @ $1.46M, 95 unit site plan, Highway improvement plan, drainage and retention plan, water service plan and topo. This is an amazing opportunity for development, with much of the preliminary work being done at a cost of approximately $150,000.00. Table top plateau grade with big views zone Knox County Planned Residential (PR), allowing up to 24 units per acre pending MPC review.
  • Pool Table Flat
  • Multiple permits, surveys and impact studies on file
  • Primo development opportunity.
4/10/2019 3:47:16 PM 5/22/2019 3:03:04 PM

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