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    13-23 Market Sq Knoxville, TN 37902

    For Sale
    $6,000,000

    Prime office space in the heart of Market Square.

    Property size:
    18,595 SF
    Lot size:
    0.50 Acres

    Property Features for 13-23 Market Sq

    General Information

    Size
    18,595 SF
    Lot size
    0.50 Acres

    Source: NAI Koella RM Moore - Knoxville Agent Roger M. Moore, Jr.

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

    Overview

    Downtown Knoxville Office Space

    Located in downtown Knoxville, this office space offers an investment opportunity. The property, renovated in 1989, features 19,775 square feet of Class "A" office space. The layout includes a large reception area with natural light, over 35 offices with a private executive office section, and open spaces for cubicle areas. There are also two kitchen/break rooms, a large event/training room with kitchen access, a large conference/board room, and a small private board room in the executive suites area. Collaborative space and several storage/filing areas are distributed throughout the space. Additional features include an exterior balcony overlooking Market Square and an elevator to the second floor. The space has aesthetically pleasing finishes, including exposed brick and natural light throughout. The property's location in the downtown area provides market demand and high visibility.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Skin Care Clinic Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.919851
    Latitude
    35.964884

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    FAQs

    What type of property is this?
    Office building - Prime office space in the heart of Market Square.
    Where is this office building located?
    The property is located at 13-23 Market Sq Knoxville, TN.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: - Prime location on Market Square in Downtown Knoxville; - 19,775 Square Feet of Class "A" Office Space; - Multiple purchasing options available (entire floor or individual sections)
    (865) 755-8774
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    13-23 Market Sq Knoxville, TN 37902
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    Knoxville, TN 37902
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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
    13-23 Market Sq Knoxville, TN 37902
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