$134,900

Rare infill development opportunity in Knoxville's Marble City/Bearden area. The properties at 3821 and 3825 Dance Avenue, together with the adjoining unaddressed parcel, are offered only as a complete package. The combined site measures approximately 132 feet along Dance Avenue and 95 feet along Pilkay Road, containing approximately 12,540 square feet, or 0.288 acres. The property is mostly cleared and also offers rear-alley access. Located within Knoxville's Traditional Neighborhood Residential (TDR) area, the property may be eligible for development under the city's Middle Housing Standards. Included conceptual materials illustrate a potential four-townhome development with the proposed building area positioned outside the FEMA 100-year floodplain. Up to six total units may be possible with an alternative design, subject to final engineering, Planning review, and governmental approval. Included materials feature preliminary, unstamped boundary/site drawings showing site dimensions and existing conditions, a separate conceptual test fit illustrating potential building footprints and parking, and architectural renderings showing examples of possible development styles. The renderings are for inspiration only and do not correspond directly with the buildings or layout shown on the conceptual site plan. No development concept has been submitted for or received governmental approval. Conveniently located near Bearden, Sutherland Avenue, the University of Tennessee, downtown Knoxville, and I-40. Buyer to independently verify acreage, parcel boundaries, zoning, permitted uses, unit count, utilities, flood designation, insurability, access, and all development requirements. Buyer to verify all information.