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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Knoxville, TN.
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
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,564
Per Month
Principal & Interest
$1,497
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$966
Powered By
Advertisement
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
5
/10
Brickey-McCloud Elementary School
1810 Dry Gap Pike
Distance between this listing and this school1.48 miles
Public District Grades PK-5
Middle School
4
/10
Halls Middle School
4317 E Emory Rd
Distance between this listing and this school1.57 miles
Public District Grades 6-8
High School
6
/10
Halls High School
4321 E Emory Rd
Distance between this listing and this school1.55 miles
Public District Grades 9-12
Assigned Schools
5
/10
Brickey-McCloud Elementary School
1810 Dry Gap Pike
Distance between this listing and this school1.48 miles
Public District Grades PK-5
Nearby Schools
6
/10
Halls Elementary School
7502 Andersonville Pike
Distance between this listing and this school1.42 miles
Public District Grades KG-5
4
/10
Adrian Burnett Elementary School
4521 Brown Gap Rd
Distance between this listing and this school2.52 miles
Public District Grades KG-5
Assigned Schools
4
/10
Halls Middle School
4317 E Emory Rd
Distance between this listing and this school1.57 miles
Public District Grades 6-8
Nearby Schools
4
/10
Gresham Middle School
500 Gresham Rd
Distance between this listing and this school2.67 miles
Public District Grades 6-8
3
/10
Whittle Springs Middle School
2700 White Oak Ln
Distance between this listing and this school4.65 miles
Public District Grades 6-8
Assigned Schools
6
/10
Halls High School
4321 E Emory Rd
Distance between this listing and this school1.55 miles
Public District Grades 9-12
Nearby Schools
4
/10
Central High School
5321 Jacksboro Pike
Distance between this listing and this school2.91 miles
Public District Grades 9-12
4
/10
Dr. Paul L. Kelley Volunteer Academy
3001 Knox Center Dr
Distance between this listing and this school5.11 miles
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 5/10Halls Middle School: GreatSchools Rating 4/10Halls 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).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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.