$155,000
About this home
Rare Knoxville Development Opportunity | Minutes to The University of Tennessee Located at 3307 Pilkay Road, this rare offering presents an exceptional opportunity for investors, developers, and visionary homeowners alike. Formerly a church, the 960-square-foot structure sits on a generous 10,149-square-foot lot and has been stripped down to the framing, providing a blank canvas for a complete renovation or redevelopment. For those seeking an even larger project, 3 adjacent properties are also available for purchase: 3309 Pilkay Road, 3808 Reagan Avenue, and 3812 Reagan Avenue. Combined, all five parcels total approximately 35,000 square feet, creating a unique development opportunity in a highly desirable Knoxville location. Property Highlights: Zoned RN-2, allowing for a variety of residential development options. Sewer, water, and electricity are available on each lot. Existing structure features a solid exterior and is ready for a new interior build-out. Three cleared adjoining lots offer excellent new construction potential. A scenic creek runs along the rear of the property, adding natural beauty and privacy. Ideal for developers interested in building single-family homes, duplexes, or fourplexes. Perfect for homeowners seeking space, flexibility, and the opportunity to create a custom property. Prime Knoxville Location Just a 1-minute drive to 5-minute walk to West High School. Only 6-10 minutes from the University of Tennessee campus and Cumberland Avenue shopping and dining district. Approximately 5 minutes to major conveniences including Kroger, Publix, Starbucks, Chick-fil-A, and the local Farmers Market. Whether you're an investor pursuing a profitable development project or a homeowner with a vision for a unique property, this is a rare opportunity to create something truly special. Don't miss your chance to secure multiple parcels in one of Knoxville's most convenient and sought-after locations.
Highlights
Property details
- MLS #
- 1345238
- Property type
- Single Family Residence
- Subdivision
- Cox Third Creek Pt 2
- Status
- Active
- Days on market
- 62
- On market date
- August 19, 2026
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.23 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 377
- Student:teacher ratio
- 12.6:1
- District
- Knox County
- Enrollment
- 774
- Student:teacher ratio
- 12.7:1
- District
- Knox County
- Enrollment
- 1,525
- Student:teacher ratio
- 17.9:1
- District
- Knox County
Walkability
Blended score for Knoxville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Knoxville, from live MLS data.
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated August 19, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.