Tecoy Quarry Road – Knoxville, TN 37921

ONLINE ONLY REAL ESTATE AUCTION

8+/- Acres of Land in a Convenient Location off Schaad Road & Oak Ridge Highway

This 8+/- acre property presents a rare and compelling opportunity for developers, investors, and business owners seeking a substantially sized tract in a highly accessible location. Conveniently situated just off Schaad Road and Oak Ridge Highway, this unique property offers outstanding potential for a wide range of uses.

The Property:

This property was a former quarry that closed approximately 41 years ago and has since been filled in, with approximately 1.8 acres of fill material on site. The property’s unique topography and history, combined with its substantial size, create an exceptional development opportunity for the right buyer. Key property details include:

• 8+/- total acres
• Approximately 1.8 acres of fill material from former quarry
• Zoned CB — Business and Manufacturing (majority of property)
• Approximately 0.25+/- acre portion zoned A — Agriculture
• Convenient location just off Schaad Road and Oak Ridge Highway

Zoning & Potential Uses:

The CB — Business and Manufacturing zoning designation opens the door to a wide range of potential uses.

Interested parties are encouraged to consult with the appropriate local zoning and planning authorities regarding specific permitted uses and development potential for your desired use.

Location:

The property’s location just off Schaad Road and Oak Ridge Highway provides exceptional accessibility and visibility, with convenient access to the greater Knoxville area and surrounding communities — making this an outstanding choice for businesses and developers seeking a well-located tract.

YOU WILL NEED TO EMAIL PROOF OF FUNDS INFORMATION WHEN YOU REGISTER. THIS CAN BE A BANK LETTER, SCREENSHOT OF ONLINE BANKING/INVESTMENT ACCOUNT/RETIREMENT ACCOUNT, LOAN PRE-APPROVAL LETTER, ETC.
PLEASE EMAIL THIS TO phillip@powellauction.com. YOUR REGISTRATION/BID WILL REMAIN PENDING UNTIL WE RECEIVE YOUR PROOF OF FUNDS INFORMATION.
PLEASE CALL KENNY OR PHILLIP AT 865-938-3403 WITH ANY QUESTIONS.

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 October 9th, 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!