0 Schaad Rd, Knoxville, TN 37931

3.14 acres of Commercially Zoned land at the new intersection of Schaad Rd & Bakertown Rd in NW Knoxville (Knox County). All utilities available and the new Schaad Rd extension is completed and open. New traffic light coming to the intersection of Schaad and Bakertown serves this property directly via secured easement. Property has both ingress and egress to Schaad Rd and Bakertown Rd. ~14 acre parcel across the street (Schaad) is also zoned commercial / PC(k) and currently available for sale as well. Parcel next to this one was purchased by Weigel’s Convenience Stores (LKM) and will offer their new convenience store and carwash on ~3.8 acres.

Parcel has an agreed and executed Memorandum of Understanding with Knox County for the developer’s work (available for Buyer’s review with due diligence materials). Parcel has recorded easements to its advantage for access to the new traffic light at the Schaad Rd & Bakertown Rd intersection, and utilities (available for Buyer’s review with due diligence materials).

Fastest growing sector of Knox County consistently for +5 years and new multifamily apartment and neighborhoods are under way en masse in this property’s immediate vicinity.

Knoxville, Tennessee:

Knoxville has become one of the ten fastest-growing US cities, with a population gain of near 1% per year. In just a few years, Knoxville’s population has soared to over 200,300 in 2024. This remarkable growth can be attributed to the city’s appeal to both retirees and young professionals. With a median age of 33, Knoxville offers a diverse community, with nearly 45% of its population aged between 20 and 40 years old.

Quality of Life

In recent years, Knoxville has been recognized as one of the best cities in the United States to live, work and play. It offers a perfect blend of urban amenities and natural beauty, making it an ideal place for both residents and visitors. The cost of living in Knoxville is relatively low compared to other major cities, making it an ideal place for young professionals and families. With its rich culture, strong economy, and welcoming community, it’s no wonder Knoxville has become a top destination for those looking to experience the best of the southern charm.

Arts and Culture

Knoxville has a thriving arts and culture scene, with several theaters, galleries, and museums scattered throughout the city. The Knoxville Museum of Art exhibits a collection of regional and national art, while the Tennessee Theatre hosts Broadway shows, concerts, and other performances. The Bijou Theatre, a historic music venue, also attracts a diverse range of artists and musicians.

Downtown Attractions

Downtown Knoxville’s historic Gay Street is home to the historic 1920s Tennessee Theatre and Bijou Theatre, known for their excellent acoustics and diverse performances. Market Square serves as the city’s vibrant heart with outdoor dining, boutiques, and a twice-weekly farmers’ market. The iconic Sunsphere, built for the 1982 World’s Fair, towers 266 feet above World’s Fair Park, offering stunning 360-degree city views from its observation deck. The park has become a popular gathering spot for events and festivals, complemented by the nearby Knoxville Convention Center which hosts everything from trade shows to concerts.

Sports and Recreation

Knoxville is also known for its love of sports. The University of Tennessee is located in Knoxville, and its college football team, the Volunteers, draws in large crowds on game days. The city is also home to the Knoxville Ice Bears, a professional hockey team, and the Tennessee Smokies, a Minor League Baseball team.

Outdoor Activities

For outdoor enthusiasts, Knoxville is a paradise. The city is home to numerous parks, greenways, and waterways, providing endless opportunities for recreation. The Ijams Nature Center is a 315-acre urban sanctuary where visitors can hike, bike, and kayak. The Urban Wilderness, a connected network of more than 50 miles of recreational trails, offers a variety of activities such as hiking, mountain biking, and birdwatching.