19 +/- Acres with Triplex Offered in 3 Tracts – 1717 W Raccoon Valley Drive – Heiskell, TN 37754

ONLINE ONLY REAL ESTATE AUCTION

18.99+/- Acres Offered in 3 Tracts with Income-Producing Triplex — Convenient Location

This exceptional 18.99+/- acre property offered in three tracts presents a rare and versatile opportunity combining beautiful land, multiple gorgeous homesite locations, and an existing income-producing triplex — all in a convenient location with quick access to I-75 and Clinton Highway. All three tracts share access to an existing 40′ right-of-way driveway, providing seamless and established access throughout the property.

The Land:

The 18.99+/- acres of beautiful land offer a wonderful combination of natural beauty and development potential, featuring:

• Three separate tracts offering flexibility for individual use, sale, or development
• Multiple gorgeous homesite locations throughout the property
• Shared 40′ right-of-way driveway access for all three tracts
• Beautiful natural setting with endless potential

The Triplex:

A basement ranch home has been converted into a triplex, offering immediate income-producing potential for the new owner — a rare and valuable bonus for a land offering of this nature. Whether maintained as a rental income source or reimagined for alternative use, the triplex adds tremendous value and flexibility to the overall offering.

Location:

Conveniently situated with quick and easy access to I-75 and Clinton Highway.

The Opportunity:

Whether you’re an investor seeking income-producing property with land, a developer eyeing the potential of three separate tracts with established access, a buyer looking to build a dream home on a gorgeous piece of East Tennessee acreage, or someone seeking a combination of all three, this 18.99+/- acre offering delivers the land, infrastructure, and location to make virtually any vision a reality. Opportunities combining this level of acreage, income potential, and convenient access are increasingly rare — don’t miss your chance to make this exceptional property yours.

A $1,000.00 SURVEY ORIGINATION FEE PER TRACT AND WILL BE INCLUDED IN THE SALES CONTRACT AND WILL BE PAID BY THE BUYER AT CLOSING.

Current Knox County Parcel / Tax IDs:

045  010 and 045  011

KATHRYN HALL | Rural 1st Loan Officer | NMLS 1413546
kathryn.hall@rural1st.com | 865-299-3637
Specialized financing for land, farms, and new construction
Down payments as low as 15% | Long term, fixed rates for land loans

Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.

M&M Title will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before September 21st, 2026.

The contract will not be contingent upon financing, inspections or any other contingencies.

Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.

New Bidders, please Pre-Register, we will have to approve you to Bid!