3 months on rocket

7402 Pelleaux Rd, Knoxville, TN, 37938

$299,900

1.48 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #1250817
Lot Size1.48 Acres
StatusActive

About 7402 Pelleaux Rd

Introducing a prime remodel or building opportunity at 7402 Pelleaux Road in the thriving Knoxville, TN 37938 area! This 1.48-acre corner lot boasts outstanding development potential for savvy investors and developers alike, with a range of exciting features that make it an incredibly attractive proposition. Situated between the rapidly growing Powell and Halls communities, this exceptional piece of land offers over 100 feet of road frontage on the busy Emory Road, ensuring maximum visibility and exposure for your future development. With a daily car count of over 28,000 vehicles, this strategic location promises exceptional returns on investment for the right project. One of the standout features of this property is that all utilities are conveniently located on-site, saving you time and resources during the development process. Additionally, the land is not subject to city taxes, further enhancing the investment appeal. Just a little over 3 miles from the I-75 and Emory Road exit, this commercial property boasts excellent accessibility, making it a prime choice for a wide range of development projects. The 1.48-acre size provides ample space for businesses looking to establish themselves in the thriving Powell community, or for developers seeking a high-traffic location for their next project. Don't miss out on this exceptional opportunity to invest in a rapidly growing area with outstanding potential for future growth and prosperity. With its unbeatable location, on-site utilities, and impressive traffic count, 7402 Pelleaux Road in Knoxville is a commercial property opportunity you simply can't afford to pass up. Contact us today to learn more and explore the possibilities this unique property has to offer. Property outline is for visual purposes only. Property will need to go before planning to be rezoned for possible developent.

Property Details

Property Features

Listing Office:

  • Office Name: Stephenson Realty & Auction
  • Office Phone: (865) 457-2327

Lot Features

Lot Information:

  • Lot: Corner Lot, Irregular Lot
  • Lot Size: 1.48 Acres

School Info

Assigned Schools Information:

  • Halls High School, Public District Grades 9-12
  • Halls Middle School, Public District Grades 6-8
  • Brickey-McCloud Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Travel I75 North. Exit Emory Road traveling East. Property is on the left hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900

Tax Information:

  • Annual Amount: $838
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Knoxville, TN.

Med. Sold Price

$365.6K

Med. Price/SqFt

$207

Avg. Days On Market

30

# of Sold Homes

495

7402 Pelleaux Rd vs Knoxville

98 DAYS ON ROCKET

+68 Days

$299,900

-$65.7K Less

KEY TAKEAWAY

This property is $65.7K less than the Median Sold Price in Knoxville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1250817

Listing Office:

  • Office Name: Stephenson Realty & Auction
  • Office Phone: (865) 457-2327

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, 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.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 1:20:41 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$838$39,525
2019$501$39,525
2017$501$39,525

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5341413
5
/10
  • Brickey-McCloud Elementary School

  • 1810 Dry Gap Pike

  • 1.48 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5341414
4
/10
  • Halls Middle School

  • 4317 E Emory Rd

  • 1.57 miles

  • Public District Grades 6-8

High School

school-card-donut-5341415
6
/10
  • Halls High School

  • 4321 E Emory Rd

  • 1.55 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,789. The majority of Knoxville, TN residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7402 Pelleaux Rd

What is the listing price of this property?

The listing price of 7402 Pelleaux Rd property is $299,900.

What type of property is this?

The property 7402 Pelleaux Rd is land located in Knoxville, Tennessee, 37938.

Is this property for sale now?

Active Listing: 7402 Pelleaux Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7402 Pelleaux Rd are:
Brickey-McCloud Elementary School: GreatSchools Rating 5/10
Halls Middle School: GreatSchools Rating 4/10
Halls High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $838 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7402 Pelleaux Rd is 1.48 acres.
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Rocket HomesTennesseeKnox CountyKnoxville379387402 Pelleaux Rd

This home is located at 7402 Pelleaux Rd in Knoxville, TN and zip code 37938. This home sits on a 1.48 acre lot. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $299,900.

In April 2024 more than 149 listings in Knoxville, TN were sold above the asking price. During the same period more than 120 listings were sold at asking price, while more than 223 were sold below. The number of listings in Knoxville, TN increased by 3.3% between March 2024 and April 2024. While the average time on the market in April 2024 was 30 days, the median list price was $365,665.

From Rocket Homes Real Estate and based on county public records data.

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