405 Emory RdPowell, TN 37849

Property Details for 405 Emory Rd

Year built

1999

Construction

LIGHT FRAME

Lot size

1.04 AC

Property size (Sq ft)

1,909 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

047OB002

APU

047OB002

Description

This exceptional 1,909-square-foot retail space, formerly a Krystal restaurant, is available for lease. Located on Emory Road, at exit 112 off I-75, this property benefits from its prime position within the North Knoxville Medical Hub, ensuring high daily traffic counts averaging 25,000 vehicles. The building offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The single-tenant occupancy provides flexibility and control. The area boasts a strong retail presence, with nearby established businesses including Ingles Market, Kroger, Aubrey's, Five Guys, Chick-fil-A, Zaxby's, Cookout, and McDonald's, creating a vibrant and thriving commercial environment. The entire 1,909 square feet is currently vacant and ready for immediate occupancy. This property presents a unique opportunity for businesses seeking high visibility and access to a substantial customer base in a rapidly growing area of Knoxville, Knox County. The property is classified as retail commercial space.

• CAP approach

  CAP return

  Valuation

  6%

  $674,543

  6.5%

  $622,655

  7%

  $578,179

• Comparable approach

  Method

  Valuation

  Relative Method

  $398,635

  Geo Method

  $396,063

• Alternative Use

  Use

  Valuation

  Residential

  $525,233

  Hospitality

  $481,110

  Educational

  $400,278

  Medical

  $414,044

  Retail

  $622,655

Location Insight

City

Powell

County

Knox

State

Tennessee

Latitude

36.05

Longitude

-83.9995

CBSA code

28940

CBSA name

KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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