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    West Knoxville Commercial Property Title is generated by Realmo AI

    430 Montbrook Ln, Knoxville, TN

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    10,182 SF commercial property in West Knoxville for sale.

    Type:OFFICE
    Property size:
    10,182 SF
    Lot size:
    1.37 Acres
    Price / SF:
    $166/SF
    Added:
    Mar 19, 2025
    Days on Market:
    453
    Last Refresh:
    May 19 at 10:35 pm

    Property Features for 430 Montbrook Ln

    General Information

    Standard status
    Active
    Size
    10,182 SF
    Lot size
    1.37 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Alston Gage

    Listing agent Alston Gage License #TN 370369

    Listing office Avison Young

    Listing date Mar 19, 2025

    Source Moodyscre

    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 Avison Young

    HighLights

    • Prime Location: Situated in a thriving West Knoxville business and cultural hub
    • Subdividable Layout: Multiple access points allow for easy customization
    • Ample Parking: Private lot with over 50 dedicated parking spaces
    • Flexible Use: Zoned C‑G‑1, suitable for retail, office, medical, fitness, and other commercial applications
    • Vacant & Ready: Newly available for immediate occupancy or build‑out
    • Large Size: 10,182 SF of commercial space

    Overview

    Located in West Knoxville, this commercial property offers 10,182 square feet of space, priced at $1,700,000, which equates to $167 per square foot. Zoned C-G-1, the property is suitable for a variety of commercial uses, including retail, office, medical, or fitness applications. The layout is subdividable, with multiple existing access points that allow for easy customization to suit different business needs. It features multiple offices, a kitchen area, and several large open areas. The property includes a private parking lot with over 50 dedicated spaces for employees and visitors. The space is vacant and ready for immediate occupancy or build-out. Positioned in one of West Knoxville’s most dynamic areas, the property is surrounded by businesses, restaurants, and cultural attractions.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $219.9k $21.60
    − Vacancy −$11.0k −$1.08
    EGI $208.9k $20.52
    − OpEx −$62.7k −$6.16
    NOI $146.3k $14.36
    10,182 SF · lease $21.60/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.09M
    $1.83M – $2.44M (±1% cap)
    NOI $146,254 @ 7.0% cap · market cap 8.60%
    Second Best
    Office B
    $1.92M
    $1.68M – $2.25M (±1% cap)
    NOI $134,708 @ 7.0% cap · market cap 7.92%
    Theoretical Best
    Office A
    $2.52M
    $2.21M – $2.94M (±1% cap)
    NOI $176,531 @ 7.0% cap · market cap 10.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Knoxville/Knox County Driver ... Government Office HHBTRAINING Gym & Fitness Center Harold's Hardbodies Gym & Fitness Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -84.0527
    Latitude
    35.9175

    FAQs

    What type of property is this?
    Office units - 10,182 SF commercial property in West Knoxville for sale.
    Where is this office units located?
    The property is located at 430 Montbrook Ln Knoxville, TN.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Prime Location: Situated in a thriving West Knoxville business and cultural hub; Subdividable Layout: Multiple access points allow for easy customization; Ample Parking: Private lot with over 50 dedicated parking spaces
    (615) 293-1349 Call to check price and availability
    More about this property
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