1925 Rosewood RdKnoxville, TN 37924

Property Details for 1925 Rosewood Rd

Year built

2001

Construction

STEEL FRAME

Lot size

5.30 AC

Property size (Sq ft)

8,360 SF

Property type

Auto shops

APN

060DA006

APU

060DA006

Description

This exceptional commercial investment opportunity in Knoxville, Tennessee, presents a rare chance to acquire a thriving industrial property. Located on a 5-acre lot at 1925 Rosewood Road, this property boasts a prime location just minutes from downtown Knoxville and directly adjacent to the heavily trafficked four-lane State Route 11W. The property includes three well-maintained industrial buildings, each housing established businesses generating substantial monthly lease income. These buildings offer ample office space, ranging from private offices to corporate-style conference rooms, catering to diverse business needs. Full utilities are available, with sufficient capacity to support the existing businesses. The property features a gated entrance, excellent accessibility, and extensive graveled areas suitable for semi-truck loading and unloading. Zoned commercial, this property is turnkey and ready for a new owner. The current owner, retiring after 22 years of successful operation, is prepared to discuss the full income potential with serious buyers. This is a remarkable opportunity for an investor seeking a high-return, established commercial property in a desirable location. The property's strategic location and existing tenant base provide a strong foundation for continued success and growth.

• CAP approach

  CAP return

  Valuation

  6%

  $3,143,980

  6.5%

  $2,902,135

  7%

  $2,694,840

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,734,463

  Geo Method

  $1,734,463

• Alternative Use

  Use

  Valuation

  Residential

  $2,448,059

  Hospitality

  $2,242,409

  Educational

  $1,865,658

  Medical

  $1,929,821

  Retail

  $2,902,135

Location Insight

City

Knoxville

County

Knox

State

Tennessee

Latitude

36.0421

Longitude

-83.8287

CBSA code

28940

CBSA name

KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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