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    428 E Scott Ave Knoxville, TN 37917

    For Sale
    $1,750,000

    Fully leased, renovated office building in Happy Holler/Old North district.

    Property size:
    6,400 SF
    Lot size:
    0.43 Acres

    Property Features for 428 E Scott Ave

    General Information

    Size
    6,400 SF
    Lot size
    0.43 Acres

    Source: Alliance Sotheby's International Realty Agent Orel Brodt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Building For Sale

    This is a 12,000 square foot multi-suite office building that has been fully renovated. The property is located in the Happy Holler/Old North district. The building is fully leased and has a cap rate of 7.56%. The property size is 6,400 square feet.
    Location Intelligence

    Current Use by Public Records

    Priority Financial Solutions Consultant Amble Wellbeing Health Consultant FYVE Realty, LLC Property Management Company Smartria Software Company All Therapy Staffing Employment Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.926813
    Latitude
    35.986469

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    FAQs

    What type of property is this?
    Office building - Fully leased, renovated office building in Happy Holler/Old North district.
    Where is this office building located?
    The property is located at 428 E Scott Ave Knoxville, TN.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Fully leased 12,000 sq ft multi-suite office building.; - Fully renovated.; - **7.56% Cap Rate.**
    (305) 606-1178
    Request Owner's contact information
    428 E Scott Ave Knoxville, TN 37917
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    Knoxville, TN 37917
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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
    428 E Scott Ave Knoxville, TN 37917
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