Building and Land for Redevelopment

Office for Sale
Also listed as Multi-Family, Vacant Land
Catylist Listing ID: 30647294
Property Subtypes: Mixed Use, Flex Space, Other
Building Size (RSF): 1,960 SF
Gross Building Area: See Agent
Gross Land Area: 0.78 Acres
Sale Price: $199,900
Unit Price: $101.99 PSF
Property Use Type: Investment
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2020

Overview / Comments

1,960 SF building previously used as a hair salon and approximately .78 acres. Potential redevelopment into multi-family, single-family or duplexes per the use matrix for Office zoning.

Nice, level lot surrounded by established, charming North Knoxville neighborhood that is very close to a highly trafficked intersection of Whittle Springs Rd and Edgewood Ave.

See photos and attached Survey for property dimensions.

Call Agent for more information or to see the property.

Attachments & Media

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $1,615 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 070PB004
Zoning: O
Site Description: Level
Area Description: Head east on I-40 E Take Exit 389 for Hall of Fame Dr toward US-441 N Broadway Use the left 2 lanes to turn left onto Hall of Fame Dr (signs for US-441 N Broadway) Slight right onto N Broadway Turn right onto Cecil Ave Turn left onto Whittle Springs Rd Destination will be on the left
Total Number of Buildings: 1
Year Built: 1948

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,450 76,252 159,375
Median Age: 41.05 36.6 35.36
Households: 4,569 34,320 66,824
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