3935 Western Ave

Knoxville, TN 37921

Listing ID: 197089

$120,000

For Sale

Property Type Land : Mixed Use Land
Lot Size Acres 0.870
Land Sq Ft 37,897
Land Price per Sq Ft $3.17

3935 Western Ave Knoxville, TN 37921 - main image

Description

Description
Parcel on the corner of Matlock Rd. and newly widened Western Avenue offering exposure to over 25,000 cars a day (pre-widening count). Road frontage on 3 sides, possible opportunity to assemble extra acreage via acquiring the adjacent parcel. Quick access to I-640/40/75 further highlight this opportunity.
This property would benefit in re-zoning to office or commercial zoning. Located on a goods and services corridor and one lot away adjacent to the new Walmart Neighborhood Market and Planet Fitness. Priced to sell.
Ideal uses might be: Retail strip, morning oriented QSR, professional office.
Highlights
Corner property with road frontage on 3 sides
Value may be enhanced via re-zoning
Frontage on 25,000 cars a day Western Avenue
Easy interstate access

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		6,200	65,268	157,870
Population Median Age		34	34	36
Population by Age	0-9 Yrs	1084 (17%)	7781 (11%)	18276 (11%)
	10-19 Yrs	566 (9%)	8720 (13%)	19722 (12%)
	20-29 Yrs	1186 (19%)	17904 (27%)	36972 (23%)
	30-39 Yrs	1109 (17%)	8090 (12%)	20429 (12%)
	40-49 Yrs	583 (9%)	6609 (10%)	16891 (10%)
	50-59 Yrs	671 (10%)	6394 (9%)	17928 (11%)
	60-69 Yrs	570 (9%)	5501 (8%)	14755 (9%)
	70+ Yrs	430 (6%)	4269 (6%)	12897 (8%)

Median HH Income		$34,184	$34,565	$37,851
Total Household Income	< 24K	981 (34%)	9372 (35%)	22584 (34%)
	25-49K	831 (29%)	7584 (29%)	17811 (26%)
	50-74K	586 (20%)	4124 (15%)	10811 (16%)
	75-99K	278 (9%)	2291 (8%)	6194 (9%)
	100-199K	116 (4%)	2096 (8%)	6703 (10%)
	200K+	26 (0%)	567 (2%)	1993 (3%)

Highest Education Level	No Diploma	595	5010	11667
	Diploma or GED	1403	10431	27033
	Some College	757	7967	19532
	Assoc. Degree	408	2855	7142
	Bachelors Degree	528	6154	18309
	Higher Degree	236	3977	12384

Total Housing Units		2,973	29,372	74,304
--Owner-Occupied		1,165	10,830	30,828
--Renter-Occupied		1,653	15,204	35,268
Owner-Occupied Values	< 100K	470	3720	9693
	100-199K	632	5279	13504
	200-299K	35	753	4010
	300-399K	24	433	1366
	400-499K	1	201	824
	500K+	3	443	1431

Total Working Age Population		4,810	54,081	130,655
In Work Force		3,270	34,016	82,723
Not In Work Force		1,540	20,066	47,932
Workforce Employed		2,992	31,858	77,592
Workforce Unemployed		278	2,144	5,002
Civlian Workforce		3,270	34,002	82,594
Military Workforce		0	14	130

Total Households		2,818	26,034	66,096
Family Households		1,559	12,888	33,218
Non-Family Households		1,259	13,146	32,878
Married Couple		731	7,550	21,025
Other Family		828	5,338	12,193
Married w/Child		266	2,863	7,495
Single Male w/Child		87	471	1,243
Single Female w/Child		451	2,392	5,482

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Tennessee	5,689,283	+12	6,346,105	+9	6,886,369	+7	7,393,069
Knox County	382,032	+13	432,226	+10	473,996	+8	513,318

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.