6212 Kingston PikeKnoxville, TN 37919

Property Details for 6212 Kingston Pike

Year built

1945

Construction

STEEL FRAME

Lot size

0.22 AC

Property size (Sq ft)

1,299 SF

Property type

Retail properties

Property subtype

Auto shops

APN

121AC00901

APU

121AC00901

Description

This exceptional 1,004 square foot storefront, located at 6212 Kingston Pike in Knoxville, Tennessee, presents a unique investment opportunity. Built in 1945, this single-story, free-standing building sits on a 0.24-acre lot (APN 121AC00901) and is zoned C-G-1. Currently operating as an automotive shop with two bays, the property offers significant expansion potential. Its prime location, just west of the Kingston Pike Deane Hill intersection, benefits from high visibility and traffic volume. Across the street from Andy's Frozen Custard and near other successful retailers like First Watch, Wasabi, Bonefish Grill, and Whole Foods, this property is situated in a thriving retail submarket. The asking price is $994,500, translating to $990.54 per square foot. The sale includes the building, business, and equipment, making it an attractive option for a continuation of the existing automotive business or a new venture. This is a rare opportunity to acquire a highly sought-after location in one of Knoxville's most desirable areas. The property also includes 1,004 square feet of air rights. Don't miss this chance to own a piece of Knoxville's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $460,277

  6.5%

  $424,871

  7%

  $394,523

• Comparable approach

  Method

  Valuation

  Relative Method

  $343,187

  Geo Method

  $343,187

• Alternative Use

  Use

  Valuation

  Residential

  $358,395

  Hospitality

  $328,288

  Educational

  $273,132

  Medical

  $282,525

  Retail

  $424,871

Location Insight

City

Knoxville

County

Knox

State

Tennessee

Latitude

35.9319

Longitude

-84.0058

CBSA code

28940

CBSA name

KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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