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    2421-2517 University Cmns Way Knoxville, TN

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    For Lease
    $2,500,000

    Large retail space available within University Commons shopping center.

    Property size:
    120,000 SF
    Lot size:
    12.93 Acres

    Property Features for 2421-2517 University Cmns Way

    General Information

    Size
    120,000 SF
    Lot size
    12.93 Acres

    Source: Quinn Properties Agent Alex Quinn

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

    Overview

    University Commons Retail Opportunity

    This is a large retail space located within the University Commons shopping center, situated on the campus of the University of Tennessee. The available space measures 120,000 square feet and includes a loading dock. University Commons is anchored by Publix and includes tenants such as Volshop, Fieldhouse Social, and Jersey Mikes. The remainder of the center is fully occupied.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

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    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.9195075
    Latitude
    35.9605077

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    FAQs

    What type of property is this?
    Shopping center - Large retail space available within University Commons shopping center.
    Where is this shopping center located?
    The property is located at 2421-2517 University Cmns Way Knoxville, TN.
    What are key features of this property?
    This property features: - Rare **120,000 sqft big box space available**.; - Located on the University of Tennessee campus.; - Anchored by **Publix**.
    (817) 875-8318
    Request Owner's contact information
    2421-2517 University Cmns Way Knoxville, TN
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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
    2421-2517 University Cmns Way Knoxville, TN
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