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.
| MLS # | 3593045 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 47 |
| Listing Provided By | Exit Realty Pros TN | Yahya AlShawi |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 960 |
| Car Port | Yes |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.23 |
| Exterior Features | Balcony |
|---|---|
| Lot Features | Other, Corner Lot |
| Parking Features | On Street |
|---|
| Property | 253 |
|---|
| State | TN |
|---|---|
| County | Knox County |
| City | Knoxville |
| Zip Code | 37919 |
| Area | Knox County | TN |
| Community Name | Cox Third Creek Pt 2 |
| School District | West High School |
| Elementary School | West View Elementary |
| High School | West High School |
| Listing VS Median (in Cox Third Creek Pt 2) | |
Price: $155,000 low | high Med: $155,000 sqft: 960 low | high Med: 960 $ / sqft: $161 low | high Med: $161 On site: 47 low | high Med: 47 | |
| State | TN |
|---|---|
| County | Knox County |
| City | Knoxville |
| Zip Code | 37919 |
| Area | Knox County | TN |
| Community Name | Cox Third Creek Pt 2 |
| School District | West High School |
| Elementary School | West View Elementary |
| High School | West High School |
| Listing VS Median (in Cox Third Creek Pt 2) | |
Price: $155,000 low | high Med: $155,000 sqft: 960 low | high Med: 960 $ / sqft: $161 low | high Med: $161 On site: 47 low | high Med: 47 | |