$479,000
Knoxville, TN 37914
MLS# 1321583
Status: Pending - Continue to Show - Inspection
4 beds | 2240 sqft
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Property Description
A unique opportunity in Knoxville, 1.29 acre corner property offers strong road frontage, excellent visibility, and flexibility for a variety of potential uses. Located near established local businesses including Cruze Farm, the setting provides a blend of accessibility and exposure while still maintaining usable space and character. The property is improved with an existing all brick structure originally built in 1949, along with a barn and additional outdoor space. The structure is currently grandfathered residential use and offers approximately 2,240 square feet with four bedrooms and three bathrooms. Interior features include hardwood flooring, original wood trim, updated paint, and an updated kitchen with a large island. A full unfinished basement provides additional space for storage, workshop use, or future build out. Zoned industrial, the property presents potential for certain business or live work scenarios depending on the intended use. Public utilities are available, including sewer, water, gas, and fiber. Buyers are encouraged to verify all zoning, permitted uses, and requirements with Knox County Codes and Zoning. Per Knox County, the current residential use is considered a legal nonconforming use. There may be potential for a home based or mixed use setup depending on the nature of the business and required separation, however buyers should consult directly with Knox County for guidance. Conversion to a commercial use may affect the ability to revert back to residential use. The recorded plat reflects right of way considerations along the rear of the property. Buyers to verify any access, use, or restrictions associated with this area. With its combination of location, utilities, existing improvements, and flexibility, this property offers a rare opportunity for buyers seeking space for a business, investment, or adaptive use in an area with continued growth.
Details
Maps
Contract Info
Auction Y/N: No
Listing Price: 479000
Current Price: $479,000
Status: Pending - Continue to Show - Inspection
Listing Date: 2025-11-11
Location, Tax & Legal Info
Area: Knox County - 1
Property Sub-Type: Residential
Community: Asbury
City/County Code: County
Total Tax: 913.36
General Property Description
Type: Basement Ranch
# Bedrooms: 4
Lot Size SqFt: 57000
Acres: 1.29
Acre Source: Survey
# of Rooms: 8
Restrictions: No
Site Built: Yes
Fireplace: Yes
Property Status: N/A
SqFt - Main Lvl: 2240
SqFt - Down Lvl: 1900
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
Total Unfinished SqFt: 1900
# Fireplace: 1
HOA: No
Basement: Yes
Bonus Room: Yes
Extra Storage: Yes
SqFt - Total (Aprox): 2240
Baths - Full: 3
Year Built: 1949
Remarks & Misc
Directions: Start in downtown Knoxville,
Head East on I-40
Take Exit 394, Left on US 11E
Right on East Governor John Sevier Highway
Right onto North National Drive
Left onto Asbury Road
Public Remarks: A unique opportunity in Knoxville, 1.29 acre corner property offers strong road frontage, excellent visibility, and flexibility for a variety of potential uses. Located near established local businesses including Cruze Farm, the setting provides a blend of accessibility and exposure while still maintaining usable space and character.
The property is improved with an existing all brick structure originally built in 1949, along with a barn and additional outdoor space. The structure is currently grandfathered residential use and offers approximately 2,240 square feet with four bedrooms and three bathrooms. Interior features include hardwood flooring, original wood trim, updated paint, and an updated kitchen with a large island. A full unfinished basement provides additional space for storage, workshop use, or future build out.
Zoned industrial, the property presents potential for certain business or live work scenarios depending on the intended use. Public utilities are available, including sewer, water, gas, and fiber. Buyers are encouraged to verify all zoning, permitted uses, and requirements with Knox County Codes and Zoning.
Per Knox County, the current residential use is considered a legal nonconforming use. There may be potential for a home based or mixed use setup depending on the nature of the business and required separation, however buyers should consult directly with Knox County for guidance. Conversion to a commercial use may affect the ability to revert back to residential use.
The recorded plat reflects right of way considerations along the rear of the property. Buyers to verify any access, use, or restrictions associated with this area.
With its combination of location, utilities, existing improvements, and flexibility, this property offers a rare opportunity for buyers seeking space for a business, investment, or adaptive use in an area with continued growth.
Atchd/Dtchd Type
Detached: 1
Style
Traditional: 1
Construction
Frame - Brick: 1
Siding
Brick: 1
Fireplace
Masonry: 1
Wood Burning: 1
Cooling
Central Cooling: 1
Floors
Hardwood: 1
Tile: 1
Garage/Parking
Garage Spaces: 2
Attached: 1
Garage Faces Rear: 1
Main Level: 1
Basement
Unfinished: 1
Lot Description
Corner Lot: 1
Level: 1
Fuel
Electric: 1
Gas (Natural): 1
Heat
Central: 1
Dining Area
Formal Dining Area: 1
Appliances
Dishwasher: 1
Dryer: 1
Gas Range: 1
Microwave: 1
Range: 1
Washer: 1
Other Rooms
Bedroom Main Level: 1
Extra Storage: 1
Family Room: 1
Laundry/Utility: 1
Mstr Bdrm Main Level: 1
Office: 1
Sunroom: 1
Exterior Features
Cable Available (TV Only): 1
Porch - Covered: 1
Windows - Vinyl: 1
Misc Features
Drapes: 1
Internet Available: 1
Kitchen Island: 1
Pantry: 1
Washer/Dryer Connect: 1
Sewer
Public Sewer: 1
Water
Public: 1
Outbuildings
Barn: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 2731
Street Name: Asbury
St Suffix: Rd
State/Province: TN
Zip Code: 37914
PIN #: 110 02301
Geo Lat: 35.95206
Geo Lon: -83.82917
Status Change Info
Status Change Date: 2026-03-29
Under Contract Date: 2026-03-28
Property Features
Style: Traditional
Construction: Frame - Brick
Siding: Brick
Basement: Unfinished
Lot Description: Corner Lot; Level
Fireplace: Masonry; Wood Burning
Floors: Hardwood; Tile
Fuel: Electric; Gas (Natural)
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Dryer; Gas Range; Microwave; Range; Washer
Sewer: Public Sewer
Water: Public
Other Rooms: Bedroom Main Level; Extra Storage; Family Room; Laundry/Utility; Mstr Bdrm Main Level; Office; Sunroom
Misc Features: Drapes; Internet Available; Kitchen Island; Pantry; Washer/Dryer Connect
Exterior Features: Cable Available (TV Only); Porch - Covered; Windows - Vinyl
Outbuildings: Barn
Dining Area: Formal Dining Area
Showing: See Agent Instructns
New Financing: Cash; Conventional; FHA; VA Loan
IDX
Listing Office: Southern Homes & Farms, LLC
Office Phone: 865-471-0070
Last Updated: March - 29 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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