Callahan Retail Development Opportunity

Retail-Commercial for Sale
Also listed as Industrial, Vacant Land
Catylist Listing ID: 30791925
Property Subtypes: Free-Standing Building, Parking Facility, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related
Building Size (RSF): 5,896 SF
Gross Land Area: 9.02 Acres
Sale Price: $2,390,000
Unit Price: $405.36 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/25/2022

Overview / Comments

400 feet from Lowe's at Crown Pointe Plaza
Prime location 1.4 miles west of I-75 exit
Retail Strip, Car Lot, RV & Self Storage potential
511 feet of frontage & highway cut on Callahan Dr
Truck servicing, automotive garage
Tire & exhaust shop, 6 drive-thru bays
2 doors 14' high, 4 doors 12' high x 10' wide
$11,500,000 to widen Schaad Rd to 4 lane

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 067 25502
Retail Clientele: General, Family, Business, Traveler, Recreation
Property Visibility: Excellent
Feet of Frontage: 511
Traffic/Vehicle Count: 23,955
Highway Access: I-75
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,896 SF
Property Condition: Excellent
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,722 50,765 151,502
Median Age: 33.69 37.15 34.78
Households: 1,853 21,107 61,571


Photograph of Listing Agent

Mary Ellen Kilburn

NAI Koella | RM Moore KAAR CIE Member
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