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
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 Population6,20065,268157,870
Population Median Age343436
Population by Age0-9 Yrs1084 (17%)7781 (11%)18276 (11%)
10-19 Yrs566 (9%)8720 (13%)19722 (12%)
20-29 Yrs1186 (19%)17904 (27%)36972 (23%)
30-39 Yrs1109 (17%)8090 (12%)20429 (12%)
40-49 Yrs583 (9%)6609 (10%)16891 (10%)
50-59 Yrs671 (10%)6394 (9%)17928 (11%)
60-69 Yrs570 (9%)5501 (8%)14755 (9%)
70+ Yrs430 (6%)4269 (6%)12897 (8%)
Median HH Income$34,184$34,565$37,851
Total Household Income< 24K981 (34%)9372 (35%)22584 (34%)
25-49K831 (29%)7584 (29%)17811 (26%)
50-74K586 (20%)4124 (15%)10811 (16%)
75-99K278 (9%)2291 (8%)6194 (9%)
100-199K116 (4%)2096 (8%)6703 (10%)
200K+26 (0%)567 (2%)1993 (3%)
Highest Education LevelNo Diploma595501011667
Diploma or GED14031043127033
Some College757796719532
Assoc. Degree40828557142
Bachelors Degree528615418309
Higher Degree236397712384
Total Housing Units2,97329,37274,304
--Owner-Occupied1,16510,83030,828
--Renter-Occupied1,65315,20435,268
Owner-Occupied Values< 100K47037209693
100-199K632527913504
200-299K357534010
300-399K244331366
400-499K1201824
500K+34431431
Total Working Age Population4,81054,081130,655
In Work Force3,27034,01682,723
Not In Work Force1,54020,06647,932
Workforce Employed2,99231,85877,592
Workforce Unemployed2782,1445,002
Civlian Workforce3,27034,00282,594
Military Workforce014130
Total Households2,81826,03466,096
Family Households1,55912,88833,218
Non-Family Households1,25913,14632,878
Married Couple7317,55021,025
Other Family8285,33812,193
Married w/Child2662,8637,495
Single Male w/Child874711,243
Single Female w/Child4512,3925,482

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Tennessee5,689,283+126,346,105+96,886,369+77,393,069
Knox County382,032+13432,226+10473,996+8513,318

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

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.

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