Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30752982
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Other
Status: Pending/Contingent
Building Status: Proposed
Building Size (RSF): 1,316 SF
Gross Building Area: See Agent
Gross Land Area: 1.91 Acres
Sale Price: $454,000
Unit Price: $344.98 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/9/2021

Overview / Comments

LOCATION, LOCATION, LOCATION. App 2 acres DIRECTLY ACROSS FROM BRAND NEW FOOD CITY GRASSY CREEK DEVELOPMENT AT THE intersection of Oak Ridge Hwy and the new Schaad Rd connector. 415 FT of ROAD FRONTAGE ON SCHAAD ROAD and 420 FT of ROAD FRONTAGE ON BALL CAMP PIKE. THIS HIGHLY VISIBLE site has road frontage on 2 sides for incredible accessibility, site flow AND DEVELOPMENT OPPORTUNITY. Mostly level at road grade with all municipal utilities at or near the site. Great for medical, dental, car wash, retail and other.
Contact Ray Ishak or Mike Fuller to schedule showing by appointment only.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 079 050
Retail Clientele: General, Family, Business
Property Located Between: Oak Ridge Hwy and Schaad Rd
Property Visibility: Excellent
Largest Nearby Street: Oak Ridge Hwy
Traffic/Vehicle Count: 22,000
Airports: Tyson McGhee
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1952
Roof Type: Flat
Construction/Siding: Brick/Vinyl Siding
Zoning Description: Current zoning is residential. City/county planning gave the indication that it can be rezoned to multifamily, office building. or other commercial use
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,723 51,991 145,719
Median Age: 35.34 36.11 36.46
Households: 2,961 21,331 63,440
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