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3812 Reagan Ave, Knoxville, 37919
Priced At: $350,000
Property Details for ID: 1290680
MLS Status: Active
Property Type: Land
On Market Date: 2025-02-21T00:46:44Z
Subdivision: Coxs 3rd Creek Add
Public Remarks: Prime Development Opportunity - 35,000 SQFT with Endless Potential! Located at 3812 Reagan Ave, this rare offering presents a unique opportunity for investors, developers, and visionary homeowners. Formerly a church, the 960 SQFT home sits on a large 35,000 SQFT property, which includes four combined Lots/parcels: 3307 & 3309 Pilkay Rd, 3808 & 3812 Reagan Ave. The house has been stripped down to the framing, providing a blank canvas making it ready for a full renovation or a complete redevelopment. Key Highlights: - Zoned RN-2, allowing for a variety of residential developments. - Each lot has sewer, water, and electricity available. - House exterior in great condition - ready for a new interior build-out. - Three cleared adjoining lots, ideal for new construction. - A scenic small river runs along the back, offering a serene natural touch. - Perfect for developers looking to build a community of homes, duplexes, or fourplexes. - Ideal for families seeking space to renovate and enjoy a large property Unbeatable Location: - 1-minute drive / 5-minute walk to West High School. - 6-10 minutes to the University of Tennessee campus & Cumberland Avenue shopping. - 5 minutes to major retailers like Kroger, Publix, Starbucks, Chick-fil-A, and the Farmers Market. Whether you're an investor seeking a lucrative development project or a homeowner dreaming of a spacious property, this offering is a must-see. Don't miss this rare chance to create something exceptional in a prime Knoxville location!
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
Building Description
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HOA Information
HOA Fee: 0
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Directions
From Interstate 40 (I-40) Take Exit 386B toward US-129/Alcoa Hwy. Merge onto US-129 S/Alcoa Hwy. Take the Kingston Pike exit. Turn right onto Kingston Pike. Turn right onto Pilkay Rd. Continue to 3812 Reagan Ave, which will be on your right.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!