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    3734 Sevier Heights Rd Knoxville, TN 37920

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    For Sale
    $650,000

    Three-story, 19,500 SF building near outdoor recreation and amenities.

    Property size:
    19,500 SF
    Lot size:
    2.98 Acres

    Property Features for 3734 Sevier Heights Rd

    General Information

    Size
    19,500 SF
    Lot size
    2.98 Acres

    Source: Realty Executives Associates Agent Timothy Duff

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

    Overview

    Multifamily Opportunity Near Urban Wilderness

    This three-story brick building offers a multifamily opportunity, situated adjacent to the Urban Wilderness. The property, encompassing 19,500 square feet, presents potential for adaptive reuse. Development options include 19 to 22 apartments, short-term rentals, or condominiums. The location is directly adjacent to "The Chapel," which features a full-service restaurant, tap room, bike shop, bakery, and yoga studio. The Urban Wilderness is regarded as one of the best mountain biking destinations in the country.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.890572
    Latitude
    35.942201

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    FAQs

    What type of property is this?
    Apartment building - Three-story, 19,500 SF building near outdoor recreation and amenities.
    Where is this apartment building located?
    The property is located at 3734 Sevier Heights Rd Knoxville, TN.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Gateway to the Urban Wilderness; - Adjacent to the Urban Wilderness, a premier mountain biking destination.; - Adaptive reuse opportunity for a 19,500 sf, three-story brick building.
    (865) 588-3232
    Request Owner's contact information
    3734 Sevier Heights Rd Knoxville, TN 37920
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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
    3734 Sevier Heights Rd Knoxville, TN 37920
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