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    8107 Old Rutledge Pike Pike Knoxville, TN 37924

    For Sale
    $119,000

    Three lots, high visibility, I-40 access.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional commercial land offering presents a rare opportunity to acquire three contiguous lots totaling 0.37 acres on the highly visible Old Rutledge Pike in Knoxville, Tennessee. The combined parcels, encompassing addresses 8107, 8109, and 8111 Old Rutledge Pike, boast approximately 120 feet of prime road frontage, ensuring maximum exposure for any commercial venture. Previously occupied by a local bar, this property is zoned for commercial use, providing flexibility for a wide range of development possibilities. Its strategic location offers unparalleled convenience, with easy access to both Old Rutledge Pike and Interstate 40, providing excellent connectivity for customers and employees. The site's high visibility and convenient access make it an ideal location for a variety of businesses seeking a strong presence in a thriving area. This is a blank canvas for your next commercial project, offering significant potential for growth and return on investment. The property is being sold as a package, presenting a unique opportunity to acquire a substantial footprint in a desirable Knoxville location. Don't miss this chance to secure this prime commercial real estate.

    Property Features for 8107 Old Rutledge Pike Pike

    General Information

    Property type
    Other commercial real estate
    Lot Size
    16,117 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Knoxville
    County
    Knox County - 1
    State
    Tennessee
    Longitude
    -83.78362
    Latitude
    36.06201

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    FAQs

    What type of property is this?
    Commercial real estate - Three lots, high visibility, I-40 access.
    Where is this commercial real estate located?
    The property is located at 8107 Old Rutledge Pike Pike Knoxville, TN.
    What is the asking price?
    The asking price for this property is $119,000.
    (865) 458-1807
    Request Owner's contact information
    8107 Old Rutledge Pike Pike Knoxville, TN 37924
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8107 Old Rutledge Pike Pike Knoxville, TN 37924
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