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.
Based on the average sale price from the Knoxville, TN office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
3307 Pilkay Rd Knoxville, TN is a Single Family Home for sale at $155000 with 960 sqft and a lot size of 0.23 Acres Acre(s). 3307 Pilkay Rd Knoxville has 1 bedrooms, 1 baths and was built in 1952. The property's zip code is 37919 which is in Knoxville, TN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.