48.77 Acres on Watt Rd

424 N Watt Rd Knoxville, TN 37934

424 N Watt Rd, Knoxville, TN, 37934
424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934 424 N Watt Rd, Knoxville, TN, 37934
FOR SALE
Property Type:
Multifamily Land
Amount:
$10,000,000
Last Verified:
Nov 13, 2025

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Description

Average Household Incomes exceeding $200k
Multi-family, retail, office, mixed-use development
Adjacent high-density PR Planned Residential land
Also adjacent PC Planned Commercial zoned land
Many nearby parcels have successfully rezoned
228 Class-A units built in 2024 at Farragut Junction
Rezoning counsel willing to help buyer with concept
Frantz, McConnell & Seymour, LLP counsel retained
Publix, Dunkin, Advance Auto under construction

Knoxville

Building Size: 0sq ft
Lot Size: 48.77 acres


Documents

New Sale Brochure (L)

Map of 424 N Watt Rd, Knoxville, TN, 37934

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.