Small Office with 12,000 Daily Traffic Count

Office for Sale
Sale Pending/Contingent
Also listed as Vacant Land, Retail-Commercial
Catylist Listing ID: 30821734
Property Subtypes: Executive Suites, Flex Space
Status: Pending/Contingent
Building Size (RSF): 900 SF
Gross Building Area: See Agent
Sale Price: $250,000
Unit Price: $277.78 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/28/2022

Overview / Comments

Four-office 900 SF building suitable for professionals wanting significant traffic exposure on Concord Rd (corner of Loop Rd and Concord Rd). Two bathrooms. Walkable full crawl space accessible from rear of the property. Newer exterior, windows, and roof (no dates available). Interior needs refreshing. Priced to sell in as-is condition.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $935.34 (Annual)
Tax Value Land $27,000
Tax Value Improvements $83,300

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 153BB003
Zoning: OB
Site Description: Corner of Loop and Concord Rds.
Area Description: Primarily residential with interspersed offices. Road recently widened to accommodate traffic. Concord Rd to Loop Rd.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1953
Roof Type: Other
Construction/Siding: Vinyl Siding
Exterior Description: Vinyl siding. Front porch. Front and side entries.
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Interior Description: Four offices and two bathrooms. Needs updating.
Lot Frontage: 82
Lot Depth: 90

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,766 33,288 92,964
Median Age: 42.44 43.22 40.52
Households: 1,914 12,787 37,093

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