410 Lovell RdKnoxville, TN 37934
- Drive through restaurants
- 2,888 SF
Property Details for 410 Lovell Rd
- Year built
- 1988
- Construction
- LIGHT FRAME
- Lot size
- 1.32 AC
- Property size (Sq ft)
- 2,888 SF
- Property type
- Drive through restaurants
- APN
- 131 059
- APU
- 131059
Description
This exceptional 0.9-acre commercial land parcel, located at 410 Lovell Rd in Knoxville, Tennessee, presents a unique opportunity for businesses seeking a prime location. Situated in Knox County, zip code 37934, this single-tenant property offers significant potential for development. The land is designated for commercial use and provides ample space for a variety of projects. With its convenient location and substantial acreage, this property is ideal for businesses requiring a sizable footprint. The site's address is easily accessible, offering excellent visibility and convenient access for customers and employees. The property is currently available for lease, providing a flexible option for businesses of all sizes. This is a rare opportunity to secure a well-positioned commercial land parcel in a thriving area of Knoxville. The 0.9-acre lot offers a blank canvas for a new construction project or expansion of an existing business. Interested parties are encouraged to explore the possibilities this property offers. The property's geographic coordinates are 35.8722577 latitude and -84.1751648 longitude. This is a single-tenant property, providing a unique opportunity for a business to establish a strong presence in the area. Further details regarding lease terms are available upon request.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $745,040
- 6.5%
- $687,730
- 7%
- $638,606
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,419,600
- Geo Method
- $1,419,600
-
Alternative Use
- Use
- Valuation
- Residential
- $580,126
- Hospitality
- $531,392
- Educational
- $442,112
- Medical
- $457,317
- Retail
- $687,730
Location Insight
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Latitude
- 35.9053
- Longitude
- -84.1433
- 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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