Over 5 acres of property with over 300' of road frontage. This property is comprised of 3 parcels and is currently zoned CB. Property features 2 homes, detached buildings/garages, and vacant lot with frontage on Rutledge Pike. Excellent investment opportunity! Information deemed reliable, but not guaranteed. Buyer to verify all information prior to submitting offer.
Sold for $11,750,000
$11,750,000
5859 Rutledge Pike, Knoxville, TN 37924
3beds
0baths
5.42Acres
VacantLand
Built in 1992
5.42 Acres Lot
$-- Zestimate®
$5,118/sqft
$1,823 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,823/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 0
Interior area
- Total interior livable area: 2,296 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Wood
Lot
- Size: 5.42 Acres
- Topography: Rolling, Level, Low
Details
- Parcel number: 060084
- Zoning: Zoned Commercial
Community & neighborhood
Location
- Region: Knoxville
Other
Other facts
- Topography: Rolling, Level, Low
- Utilities Available: Electricity, Water
- Easements: Other
- Restrictions: Yes
- Lot Description: Rolling, Irregular, Level Lot
- Improvements: Utilities on Site, Driveway, Septic Installed
- Developmnt Potential: Other, Commercial, Retail, Multi-Family
- Road Access: Public Road
- Road Frontage: State
- Property Sub-Type: Commercial
- Present Structures: Residence, Storage Building
- Zoning: Zoned Commercial
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2023 | Sold | $11,750,000+634.4%$5,118/sqft |
Source: Public Record Report a problem | ||
| 8/30/2021 | Sold | $1,600,000+305.1%$697/sqft |
Source: Public Record Report a problem | ||
| 1/1/2018 | Listing removed | $395,000$172/sqft |
Source: Powell Auction & Realty,LLC #1000369 Report a problem | ||
| 6/21/2017 | Listed for sale | $395,000+1875%$172/sqft |
Source: Powell Auction & Realty,LLC #1000369 Report a problem | ||
| 9/8/1994 | Sold | $20,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $43,246 | $2,782,880 |
| 2023 | $43,246 +353.2% | $2,782,880 +353.2% |
| 2022 | $9,543 +481.5% | $614,100 +693.6% |
Find assessor info on the county website
Neighborhood: 37924
Nearby schools
GreatSchools rating
- 4/10Ritta Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 6/10Holston Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Gibbs High SchoolGrades: 9-12Distance: 6.6 mi