11500 Kingston Pike, Knoxville, TN 37934

Commercial property for lease

• Description
• RARE OPPORTUNITY for Developers. This prime property (68 plus acres) located in the very center of the Town of Farragut, offers a unique value of physical size, location, topographical elements, historical and cultural qualities.AVAILABLE NOW!! 13 to 27 Prime Commercial/Mixed-Use acres with direct frontage on busy 5-lane Kingston Pike. This acreage is part of a larger tract of 68.31 acres and must close simultaneously with the remaining balance of 41 acres which is planned to include Multi-Family and Single Family residential. Call Michael Bates (865-924-6244) for additional details and pricing on this exceptional opportunity to be part of a larger Master Planned Mixed-Use Development.A portion of the 68 acres falls within the Town Center District Overlay area which allows for Mixed-Use options (with buildings up to 4 stories), including residential, office, restaurants and retail within the same structures allowing for a LIVE, WORK, SHOP, PLAY and DINE environment. Other development options include multi-family, apartments, senior living facilities, condos and townhomes. An entire Mixed Use Town Center project called "Downtown Farragut" has been designed and previously submitted to the Town of Farragut for a portion of the property. These very detailed plans can be made available to any developer who has any interest in incorporating them into their overall plans for the property. This proposed Mixed-Use Town Center was planned to include approximately 180,000 SF of various types of retail and over 250 residential units within 14 four story structures. The engineering plans are basically complete in every detail as was required by the Town of Farragut, including Traffic Impact Study, Boundary and Topographic Survey, Preliminary Plat, Grading and Drainage Plan, Street Profiles, Cable TV, Gas & Telephone Plan, Electric Distribution Plan, Existing Road Connection Plans and Details, Pedestrian Connection Plan, Construction Details, Street Tree Spacing and Lighting Plan. Of course, there is no requirement to utilize the above drawings or related information. Developers may prefer to design a development with different options, however, the use of some if not all of the above available information and plans could prove to be most cost effective for a developer.It is "Very Rare" that a property of this size, unique location and with these zoning options in place becomes available. Building price details: $14,000,000.
• Contact info
• Michael W Bates

  Gables & Gates, REALTORS
• Note

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