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    1013 N Central St Knoxville, TN 37917

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    For Sale
    $3,500,000

    1.061-acre property with downtown and Smoky Mountains views.

    Property size:
    29,874 SF
    Lot size:
    1.06 Acres

    Property Features for 1013 N Central St

    General Information

    Size
    29,874 SF
    Lot size
    1.06 Acres

    Source: Realty Executives Associates Agent Sam Harrell

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

    Overview

    Prime Redevelopment Opportunity in Knoxville

    This 1.061-acre property presents a development opportunity with views of downtown and the Smoky Mountains. Located in the heart of Old North, the property offers a front-row seat to Downtown Knoxville’s continued growth. The existing structure features expansive 28-foot ceiling peaks and large skylights that provide natural light. The property's industrial features and ample space offer possibilities for redevelopment. The property is divided into two parcels, offering flexibility in development strategy. The in-place zoning allows for 70-foot heights and has no limit on unit density if suitable parking is provided. The property is comprised of two parcels: 081MV012 & 081MV011. The warehouse offers future uses such as a vibrant marketplace, modern office complex, or residential development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Self Storage, B&C Transfer & Storage Bldg., Coastal Supply Warehouse, Store Space Self Storage, Fairprice Movers

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.927581
    Latitude
    35.979333

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    FAQs

    What type of property is this?
    Warehouse - 1.061-acre property with downtown and Smoky Mountains views.
    Where is this warehouse located?
    The property is located at 1013 N Central St Knoxville, TN.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Unparalleled views of downtown and the Smoky Mountains from a hilltop location.; - Prime 1.061-acre development opportunity in the heart of Old North, Knoxville.; - Zoning allows for 70' building heights and unlimited unit density (with suitable parking).
    (615) 663-2530
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    1013 N Central St 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
    1013 N Central St Knoxville, TN 37917
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