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30857344
30857361

2814 Dresser Rd, Knoxville, TN 37920

JR
TN TN 366234
SVN | Wood Properties
FC
TN TN 373873
SVN Wood Properties
SS
TN 380069
SVN Wood Properties
JJ
TN TN 369212
SVN Wood Properties
Listed by SVN | Wood Properties, SVN Wood Properties
Unpriced
89 days on market
Updated 53 days ago

South Knoxville Opportunity Zone Development Site

Details
APN 122OJ003
Property Type Land, Mixed Use (+1)
Sub Type Apartment Building, Student Housing
Square Footage 33,309
Broker Co-Op Yes
Year Built 1960
Buildings 2
Stories 1
Acreage 5.000
Zoning C-G-1
Investment Type Redevelopment

South Knoxville Opportunity Zone Development Site

Investment highlights

Large-Scale Development Opportunity – ±5 acre redevelopment site positioned along the rapidly growing Alcoa Highway corridor in South Knoxville.

200+ Unit Multifamily Development Potential – Preliminary planning indicates the site could support 200+ multifamily units with surface parking, providing meaningful scale in a supply-constrained market.

Opportunity Zone Investment – Located within a designated Opportunity Zone, allowing investors to potentially benefit from capital gains deferral and tax advantages through a Qualified Opportunity Fund.

Strong Visibility & Access – Direct access to Alcoa Highway (US-129) with traffic counts exceeding 56,000 vehicles per day, one of Knoxville’s primary regional corridors.

Existing Improvements Provide Flexibility – Site currently includes a 28,629 SF retail center and a 4,680 SF warehouse, which could provide interim use or be repositioned while planning redevelopment.

Strategic Employment Location – Located minutes from Downtown Knoxville, the University of Tennessee, McGhee Tyson Airport, and the Amazon Fulfillment Center, providing strong employment drivers for future residents.

Major Infrastructure Investment Corridor – Ongoing Alcoa Highway modernization project is improving traffic flow, safety, and connectivity between Knoxville and McGhee Tyson Airport.

Proven Multifamily Market – Surrounding submarkets continue to see strong rent growth and new development activity, supported by Knoxville’s population growth and expanding employment base.

Listing Contacts

JR
TN TN 366234
SVN | Wood Properties
FC
TN TN 373873
SVN Wood Properties
SS
TN 380069
SVN Wood Properties
JJ
TN TN 369212
SVN Wood Properties
Listed by SVN | Wood Properties, SVN Wood Properties

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Additional Information

Name
Jon Roosen
License
TN 366234
Brokerage
SVN Wood Properties
Brokerage Phone
8659369999
Brokerage Address
119 West Fifth Avenue
Name
Ford Collier
License
TN 373873
Name
Scott Szpyrka
License
380069
Brokerage
SVN
Title
Real Estate Associate
Name
Jack Jobe
License
TN 369212
Brokerage Phone
8659369999
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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