808 State St - Commercial LAND FOR SALE


Knoxville, TN 37902- Downtown Knoxville51,836 SF
$8,900,000 USD
615-829-0320
808 State St, Knoxville, TN for Sale
$8,900,000 USD
Commercial LAND - FOR SALE
1/9
51,836 SF

808 State St
Knoxville, TN 37902
Downtown Knoxville


HIGHLIGHTS

  • Flexible Zoning
  • No Height Restrictions
  • Near Downtown Knoxville and the University of Tennessee
  • Major Tax Benefits Available

OVERVIEW

Capital Realty Group is pleased to present a premier urban infill opportunity located in the heart of a rapidly transforming downtown corridor. This highly visible site offers immediate proximity to major office towers, hospitality assets, and key transportation routes, positioning it at the center of continued growth and investment. The property features strong frontage, multiple access points, and exceptional visibility from surrounding roadways, making it ideal for a wide range of commercial or mixed-use concepts. Surrounded by established corporate presence and ongoing redevelopment, the site sits within one of the most active and supply-constrained submarkets in the region. Currently improved with income-producing structures and additional revenue from on-site advertising, the asset provides near-term cash flow while offering a clear path toward future repositioning or redevelopment. With its central location, scale, and exposure, this property presents a rare opportunity to deliver a high-impact project in a market with increasing demand for new residential, hospitality, and experiential retail offerings. This is an ideal acquisition for a developer or investor seeking to capitalize on long-term appreciation, strong fundamentals, and the continued evolution of the downtown core.

FOR SALE DETAILS

PRICE

$8,900,000 USD

PRICE/ACRE

$7,478,992/AC

PRICE/SF

$172 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Downtown Knoxville Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

1.19 AC

LAND SF

51,836 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

DK-G

APN/PARCEL ID

095ID-019,095ID-020,095ID-021,095ID-022

ASK ABOUT THIS PROPERTY

Winston CruzeCapital Realty GroupMore Info
615-829-0320

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Winston CruzeCapital Realty GroupMore Info
615-829-0320

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.