Six-Office Professional Office
For Sale
Contact for pricing
100 Legacy View Way, Knoxville, TN 37918
A reception area, conference room, kitchen, storage, and two restroom sets support a range of office layouts.
Property Size2,619 SF
Price / SF$330
Days on Market101
Property Features for 100 Legacy View Way
General Information
Standard status
Active
Size
2,619 SF
Property subtype
OFFICE
Additional Details
HOA Fee
$305.40
Office Units
1
Listing Agency:
NAI Koella RM Moore - Knoxville
Listed By:
Michelle Gibbs · License #249165
(865) 531-6400
Source:
Moodyscre
Added: Jun 29
Changed: Oct 2
Last Checked: Oct 5 at 6:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Koella RM Moore - Knoxville
Investment Insights
Based on property information with market context.
This 2,619-square-foot office unit is arranged with six offices, a large conference room, reception and lobby areas, two sets of restrooms, a kitchen, and storage. The interior configuration provides a mix of private rooms and shared work areas within one professional office property.
The unit sits at the main entrance to Legacy View Office Development at 100 Legacy View Way in Knoxville, Tennessee. HOA fees are currently estimated at $305.40 per month.
The unit sits at the main entrance to Legacy View Office Development at 100 Legacy View Way in Knoxville, Tennessee. HOA fees are currently estimated at $305.40 per month.
Key Highlights
- 2,619 square feet of office space
- Six offices plus a large conference room
- Reception and lobby areas, two sets of restrooms, kitchen, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,649
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,980
$693.0K
Cap Rate 7%
$494,986
$495.0K
Cap Rate 9%
$384,989
$385.0K
Market Conditions
NOI Build-Up for 2,619 SF
Gross rent
$55.0K $21.00/SF
− Vacancy
−$8.8K −$3.36/SF
EGI
$46.2K $17.64/SF
− OpEx
−$11.5K −$4.41/SF
NOI
$34.6K $13.23/SF
Area
Knoxville, TN
Vacancy
16.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,980
Cap Rate 7%
$494,986
Cap Rate 9%
$384,989
Alternative Uses
Best Use
Office B
$495.0K
$433.1K – $577.5K
NOI $34,649 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$648.7K
$567.6K – $756.8K
NOI $45,407 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
Demographics for 37918, TN
46,245
Population
20,228
Households
2.3
Avg Household Size
40
Median Age
31%
College-Educated
93%
High-School Grad
34.6 sq mi
ZIP Area
1,337
Density / Sq Mi
$69,311
Median Household Income
$41,882
Median Earnings
$1,102
Median Rent
$237,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - A reception area, conference room, kitchen, storage, and two restroom sets support a range of office layouts.
Where is this office units located?
The property is located at 100 Legacy View Way Knoxville, TN.
What is the asking price?
The asking price for this property is $864,270.
What are key features of this property?
This property features: 2,619 square feet of office space; Six offices plus a large conference room; Reception and lobby areas, two sets of restrooms, kitchen, and storage
