7430 Chapman HwyKnoxville, TN 37920
- Retail properties
- 28,000 SF
Property Details for 7430 Chapman Hwy
- Year built
- 2004
- Construction
- LIGHT FRAME
- Lot size
- 5.86 AC
- Property size (Sq ft)
- 28,000 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 137 192
- APU
- 137192
Description
This exceptional 6,000 square foot retail shopping center, located at 7430 Chapman Highway in Knoxville, Tennessee (zip code 37920), presents a fantastic leasing opportunity. The property is currently fully vacant, offering a unique chance for a single tenant to occupy the entire space or for multiple tenants to lease portions. The minimum leasable space is 1,400 square feet, while the maximum contiguous space available is 3,200 square feet. This allows for flexibility to accommodate a variety of business needs and sizes. The property's prime location on Chapman Highway ensures high visibility and accessibility, benefiting from significant daily traffic volume. The address is easily identifiable and convenient for customers. This is an ideal location for businesses seeking strong foot traffic and exposure in a thriving Knoxville community. The property is categorized as a retail shopping center, offering a versatile space suitable for a wide range of retail uses. Interested parties are encouraged to inquire about lease terms and conditions. The property's latitude and longitude coordinates are 35.909968 and -83.8435659 respectively. This presents a rare opportunity to establish a strong retail presence in a desirable Knoxville location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $10,530,075
- 6.5%
- $9,720,069
- 7%
- $9,025,778
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,809,205
- Geo Method
- $5,809,205
-
Alternative Use
- Use
- Valuation
- Residential
- $8,199,242
- Hospitality
- $7,510,462
- Educational
- $6,248,616
- Medical
- $6,463,516
- Retail
- $9,720,069
Location Insight
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Latitude
- 35.9095
- Longitude
- -83.8437
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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