Office Unit with Shared Conference
New
For Sale
$499,100
10420 Jackson Oaks Way #103, Knoxville, TN 37922
A parking-level condominium offers shared conference facilities and is currently occupied.
Property Size1,610 SF
Price / SF$310
Days on Market2
Property Features for 10420 Jackson Oaks Way #103
General Information
Standard status
Active
Size
1,610 SF
Class
A
Property subtype
Office
Occupancy
100%
Additional Details
Floor
Parking Lot Level
Office Units
1
Amenities
shared common conference room
Building Details
Building Size
1,610 SF
Listing Agency:
NAI Koella | RM Moore
Listed By:
Michelle Gibbs · License #249165
(865) 228-4264
Source:
Koellamoore
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:17AM
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
Investment Insights
Based on property information with market context.
This 1,610-square-foot office condominium is on the parking lot level and is fully occupied. Owners or occupants also have access to a shared conference room, adding a common meeting area to the individual unit.
The property is located at 10420 Jackson Oaks Way, Suite 103, in Knoxville, Tennessee.
The property is located at 10420 Jackson Oaks Way, Suite 103, in Knoxville, Tennessee.
Key Highlights
- 1,610 SF office condominium on the parking lot level
- Fully occupied unit
- Shared common conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,300
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,000
$426.0K
Cap Rate 7%
$304,286
$304.3K
Cap Rate 9%
$236,667
$236.7K
Market Conditions
NOI Build-Up for 1,610 SF
Gross rent
$33.8K $21.00/SF
− Vacancy
−$5.4K −$3.36/SF
EGI
$28.4K $17.64/SF
− OpEx
−$7.1K −$4.41/SF
NOI
$21.3K $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%
$426,000
Cap Rate 7%
$304,286
Cap Rate 9%
$236,667
Alternative Uses
Best Use
Office B
$304.3K
$266.3K – $355.0K
NOI $21,300 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$398.8K
$348.9K – $465.2K
NOI $27,914 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Office units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,476
Businesses Nearby
Explore this area
Business Placement
Demographics for 37922, TN
39,623
Population
15,390
Households
2.6
Avg Household Size
41
Median Age
70%
College-Educated
98%
High-School Grad
27.7 sq mi
ZIP Area
1,430
Density / Sq Mi
$126,638
Median Household Income
$67,973
Median Earnings
$1,672
Median Rent
$468,600
Median Home Value
Check the figures for this property
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 parking-level condominium offers shared conference facilities and is currently occupied.
Where is this office units located?
The property is located at 10420 Jackson Oaks Way #103 Knoxville, TN.
What is the asking price?
The asking price for this property is $499,100.
What are key features of this property?
This property features: 1,610 SF office condominium on the parking lot level; Fully occupied unit; Shared common conference room
