48.77 Acres on Watt Rd

424 N Watt Rd Knoxville, TN 37934

424 N Watt Rd, Knoxville, TN, 37934
424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934
FOR SALE
Property Type:
Multifamily Land
Amount:
$10,000,000
Last Verified:
Nov 13, 2025

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Description

Average Household Incomes exceeding $200k
Multi-family, retail, office, mixed-use development
Adjacent high-density PR Planned Residential land
Also adjacent PC Planned Commercial zoned land
Many nearby parcels have successfully rezoned
228 Class-A units built in 2024 at Farragut Junction
Rezoning counsel willing to help buyer with concept
Frantz, McConnell & Seymour, LLP counsel retained
Publix, Dunkin, Advance Auto under construction

Knoxville

Building Size: 0sq ft
Lot Size: 48.77 acres


Documents

New Sale Brochure (L)

Map of 424 N Watt Rd, Knoxville, TN, 37934

Presented by:
NAI Koella RM Moore

Request additional information
G. Samuel Tate, CCIM


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.