Prime Retail Location For
For Sale
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116-124 W Summit Hill Dr SW, Knoxville, TN
0.77 acres retail property near Gay Street and Old City.
Property SizeContact for details
Lot Size0.77 Acres
Days on Market714
Property Features for 116-124 W Summit Hill Dr SW
General Information
Standard status
Active
Lot size
0.77 Acres
Property subtype
RETAIL
Listing Agency:
Oliver Smith Realty & Development Company
(865) 584-2000
Listed By:
Oliver A Smith IV
(865) 898-2920
Source:
Moodyscre
Added: Sep 25, 2024
Changed: Aug 8
Last Checked: Sep 7 at 12:52PM
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 Oliver Smith Realty & Development Company
Investment Insights
Based on property information with market context.
This 0.77-acre property is situated between the Gay Street Retail Corridor and the Old City, offering convenient access to the I-40 Interchange. The location benefits from substantial traffic, with counts of 147,964 on I-40, 32,778 on James White Parkway, and 27,563 on Henley Street. Nearby retail includes Market Square, Lilou, The Kennedy, Calhoun’s, Bijou, Knoxville Convention Center, and the University of Tennessee Campus. The property is zoned DK-G.
Key Highlights
- Prime Location: Sandwiched between Gay Street Retail Corridor and the Old City.
- High Traffic Volume: Exposure to significant traffic with 147,964 on I‑40.
- Development Potential: DK‑G Zoning offers diverse usage possibilities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,978
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Knoxville, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - 0.77 acres retail property near Gay Street and Old City.
Where is this retail property located?
The property is located at 116-124 W Summit Hill Dr SW Knoxville, TN.
What is the asking price?
The asking price for this property is $8,850,000.
What are key features of this property?
This property features: Prime Location: Sandwiched between Gay Street Retail Corridor and the Old City.; High Traffic Volume: Exposure to significant traffic with 147,964 on I‑40.; Development Potential: DK‑G Zoning offers diverse usage possibilities.
