REDUCED! Inskip Community Service Station For Sale

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30172011
Property Subtypes: Free-Standing Building
Building Size (RSF): 2,214 SF
Gross Building Area: See Agent
Sale Price: $259,900
Unit Price: $117.39 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/11/2019

Overview / Comments

Signalized hard corner of the Inskip community just one block off of Merchants Dr and Central Ave Pike with 195’ of frontage on Central Ave Pike.

Retro service station on the corner consisting of 2,214 square feet with waiting area, restroom, office and 3 service bays.

TDEC monitored site cleanup has just been completed.

C-4 Zoning (C-G-1 RECODE) allows for many retail, commercial and entertainment uses, as well as, auto related services.

Adjacent to and also available: 100 E Inskip Dr. Unique industrial warehouse relic ideal for re-development to many commercial uses. See MLS for listing and more details.

Together, both sites allow potential re-development of 1.29 acres.

The corner diagonal to this property sold in 2016 for over $5 million.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $2,653 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 068LG002
Zoning: C-4
Area Description: Get on I-40 E/I-75 N - Continue on I-40 E/I-75 N. Take I-640 E to Merchant Dr. Take Exit 108 from I-75 N. Take Central Avenue Pike to E Inskip Dr. Property is on the corner and fronting Central Ave Pike.
Total Number of Buildings: 1
Year Built: 1950

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,332 70,438 181,736
Median Age: 35.64 36.01 34.88
Households: 3,514 31,186 76,266
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