$1,875,000
Rare opportunity to acquire a versatile 24.15-acre property in South Knoxville, currently operating as a long-standing salvage yard with multiple revenue-generating components.
Beyond existing operations, this property presents outstanding development potential. With sewer available at the street, over 24 acres of usable land, and proximity to major transportation routes, universities, and rapidly growing communities, the possibilities are significant--whether for continued commercial use, expansion into complementary businesses, or long-term land development.
The property features a large industrial facility with front shop space, office space, and multiple operating bays designed for dismantling and recycling vehicles. Supporting improvements include:
-A single-family residence (1965 construction).
-Two manufactured homes that generate consistent rental income.
-A studio apartment (currently rented) with a large garage/workshop space below.
-An additional commercial garage with attached office space, also tenant-occupied.
Current zoning includes Industrial and Agricultural, offering a wide range of potential uses. The site benefits from established salvage, dismantler/recycler, and dealer licenses, providing an immediate operational advantage for automotive, recycling, or industrial businesses.
Both parcels (Parcel ID: 125 28003 & 125 280) convey with the sale, offering flexibility and scale. Properties of this size and utility, with multiple income-producing assets already in place, rarely come to market.
Seller is willing to sub-divide.
Call today for additional details or to schedule a private tour.
1317327
MLS
1021 E Hendron Chapel Rd, Knoxville