Attention developers and builders! This is the Kelley Farm--40 contiguous acres of high-potential East Tennessee land perfectly positioned for a premier residential community in the heart of Halls Crossroads, just 20 minutes north of downtown Knoxville. Featuring approximately 31 acres of cleared, open pasture and 9 acres of beautiful woodland, this site is currently zoned to accommodate 3.5 units per acre for an immediate yield of 142 total units. With a solid concept plan, there is an excellent path to re-zone to 4 units per acre, pushing your maximum potential to 162 total units. Infrastructure logistics are highly favorable, boasting over 1,500 linear feet of premium frontage along Norris Freeway, seamless main access from Pelleaux Road, and all essential utilities readily available right at the street. Adding immediate value, the original farmhouse on the property is currently occupied by a month-to-month tenant generating $1,000 per month in rental income, providing a steady holding cash flow while you navigate the engineering, permitting, and planning phases. Location convenience is unmatched for future residents, sitting directly next to Norris Freeway and just moments from the Halls Walmart, extensive shopping, medical facilities, restaurants, and top local schools. Capitalize on Knox County-only taxes and the soaring demand for residential density in this market--bring your concept plan and schedule your site tour today.
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LAST UPDATED
|
7/1/2026
|
YEAR BUILT
|
1963
|
|
COMMUNITY
|
Knox County - 1
|
GARAGE SPACES
|
1.0
|
|
COUNTY
|
Knox County - 1
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| AIR |
None |
| APPLIANCES |
None |
| AREA |
Knox County - 1 |
| BARN/EQUESTRIAN |
Yes |
| BASEMENT |
Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION |
Brick, Frame |
| GARAGE |
Yes |
| HEAT |
Electric, None |
| INTERIOR |
Eat-in Kitchen, Master Downstairs |
| LOT |
40.46 acre(s) |
| LOT DESCRIPTION |
Corner Lot, Irregular Lot, Level, Private, Rolling Slope |
| LOT DIMENSIONS |
40.46 acres per Knox County Records |
| PARKING |
Off Street, Attached, Basement, RV Access/Parking, Garage |
| SEWER |
Public Sewer |
| STYLE |
Traditional |
| UTILITIES |
Cable Available |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Mountain(s), Trees/Woods |
| WATER |
Public |
| WATERFRONT DESCRIPTION |
Pond |
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Listed with Southland Realtors, Inc
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2026. All rights reserved.
This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
This IDX solution is (c) Diverse Solutions 2026.
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