2814 Dresser Rd, Knoxville, TN 37920
Local realty services provided by:CENTURY 21 Legacy
2814 Dresser Rd,Knoxville, TN 37920
$2,900,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: ford collier
Office: svn i wood properties
MLS#:1332207
Source:TN_KAAR
Price summary
- Price:$2,900,000
About this home
Rare large-scale redevelopment opportunity located along the rapidly evolving Alcoa Highway corridor in South Knoxville. This ±5-acre site offers a unique opportunity for investors and developers to reposition or redevelop a highly visible property in one of Knoxville's most active infrastructure and employment growth corridors.
The property currently includes a vacant 28,629 SF retail shopping center and an additional 4,680 SF warehouse, providing potential interim utility while a buyer plans a larger redevelopment of the site. The scale of the parcel and its flexible zoning create an ideal opportunity for a variety of development strategies including multifamily, mixed-use, or other commercial redevelopment concepts.
Preliminary planning indicates the site could accommodate 200+ multifamily units with surface parking, making it a compelling development opportunity for groups seeking scale in a supply-constrained Knoxville market.
Positioned directly off Alcoa Highway (US-129), the property benefits from significant public infrastructure investment as the corridor is being modernized to support increased traffic and regional growth. Traffic volumes along Alcoa Highway have recently exceeded 56,000 vehicles per day, reinforcing the corridor's role as a primary transportation artery connecting Downtown Knoxville, McGhee Tyson Airport, and major employment centers throughout the region.
The site also sits within a designated Opportunity Zone, offering investors the potential for meaningful federal tax advantages including capital gains deferral and potential tax elimination on future appreciation if held long-term.
Located just minutes from Downtown Knoxville, the University of Tennessee, and McGhee Tyson Airport, the property is strategically positioned near major employment drivers including the Amazon Fulfillment Center and other expanding regional employers.
With strong regional growth, improving infrastructure, and significant development potential, 2814 Dresser Rd represents a compelling opportunity to acquire a large redevelopment site in one of Knoxville's most important growth corridors.
Contact an agent
Home facts
- Year built:1960
- Listing ID #:1332207
- Added:1 day(s) ago
- Updated:March 11, 2026 at 02:28 PM
Heating and cooling
- Cooling:Central Cooling
Structure and exterior
- Year built:1960
- Construction Materials:Brick
Finances and disclosures
- Price:$2,900,000
New listings near 2814 Dresser Rd
$3,999,000Active5 beds 7 baths6,442 sq. ft.1719 Nighbert Lane, Knoxville, TN 37922
MLS# 1327066Listed by: SLYMAN REAL ESTATE- Coming Soon
$649,900Coming Soon4 beds 3 baths8101 Tamarack Rd, Knoxville, TN 37919
MLS# 1332203Listed by: REALTY EXECUTIVES ASSOCIATES - New
$425,000Active4 beds 3 baths2,532 sq. ft.2525 Belt Rd, Knoxville, TN 37920
MLS# 1332204Listed by: UNITED REAL ESTATE SOLUTIONS - Coming Soon
$969,000Coming Soon5 beds 4 baths4225 Valencia Rd, Knoxville, TN 37919
MLS# 1332202Listed by: SEQUOYAH REALTY KELLER WILLIA - New
$379,900Active3 beds 3 baths1,600 sq. ft.8809 Barbee Lane, Knoxville, TN 37923
MLS# 1332189Listed by: REALTY EXECUTIVES ASSOCIATES - New
$314,900Active3 beds 2 baths1,200 sq. ft.3406 Compton St, Knoxville, TN 37920
MLS# 1332183Listed by: REALTY EXECUTIVES ASSOCIATES - New
$550,000Active4 beds 3 baths2,288 sq. ft.12005 Ridgeland Drive, Knoxville, TN 37932
MLS# 1332182Listed by: REALTY EXECUTIVES ASSOCIATES - Open Sat, 6 to 8pmNew
$785,000Active4 beds 4 baths3,402 sq. ft.204 Treyburn Drive, Knoxville, TN 37934
MLS# 1332177Listed by: ENGEL & VOLKERS KNOXVILLE - New
$299,999Active3 beds 2 baths1,482 sq. ft.319 E Burwell Ave, Knoxville, TN 37917
MLS# 1332173Listed by: REALTY EXECUTIVES ASSOCIATES