7600 Kingston PikeKnoxville, TN 37919

Property Details for 7600 Kingston Pike

Year built

1972

Construction

LIGHT FRAME

Lot size

11.07 AC

Property size (Sq ft)

162,310 SF

Property type

Retail properties

Property subtype

Retail space

APN

120KA00104

APU

120KA00104

Description

This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in Knoxville, Tennessee. Situated at 7600 Kingston Pike, this property boasts a highly desirable location within a thriving retail environment. The area is anchored by established national retailers including JCPenney, Dillard's, Sears, Starbucks, Chick-fil-A, and the Cheesecake Factory, ensuring high visibility and significant foot traffic. This prime location offers unparalleled access to a dense population base and strong consumer spending power. The 1-acre lot provides ample space for a variety of commercial developments, making it ideal for entrepreneurs and investors seeking to establish a new business or expand an existing one. The property's address is 7600 Kingston Pike, Knoxville, TN 37919, and its geographical coordinates are 35.9244853 latitude and -84.0383972 longitude. This is a rare opportunity to acquire a strategically located commercial land parcel in a high-growth area of Knoxville. The property's proximity to major retailers and its substantial size make it an attractive proposition for developers and investors alike. Don't miss this chance to secure a piece of Knoxville's vibrant commercial landscape. The property is zoned for commercial use (zoning information should be verified independently). Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $41,872,400

  6.5%

  $38,651,448

  7%

  $35,890,628

• Comparable approach

  Method

  Valuation

  Relative Method

  $79,783,672

  Geo Method

  $79,783,672

• Alternative Use

  Use

  Valuation

  Residential

  $32,603,942

  Hospitality

  $29,865,034

  Educational

  $24,847,358

  Medical

  $25,701,898

  Retail

  $38,651,448

Location Insight

City

Knoxville

County

Knox

State

Tennessee

Latitude

35.9268

Longitude

-84.0366

CBSA code

28940

CBSA name

KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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