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    7510 Asheville Hwy Knoxville, TN 37924

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    For Sale
    $550,000

    0.81 AC outparcel with excellent access and visibility.

    Property size:
    3,200 SF
    Lot size:
    0.81 Acres

    Property Features for 7510 Asheville Hwy

    General Information

    Size
    3,200 SF
    Lot size
    0.81 Acres

    Source: Avison Young Agent Brande Benson

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

    Overview

    Asheville Hwy Outparcel Opportunity

    This 0.81-acre outparcel is part of the Food City Redevelopment Project. Food City is currently undergoing a redevelopment of its existing store, with construction expected to be completed by Q4 2025. Ace Hardware will be located next to the Food City. The property benefits from high traffic volume, with 28,930 AADT west of the site, 20,381 AADT near Hillcrest Rd, and 3,000 AADT on Brakebill Rd. The site offers good access and visibility from Asheville Hwy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Food City Gas ... Gas Station Heather R. Botts, ... Pharmacy Redbox Movie Rental Kiosk Western Union Money Transfer Service Les S. Hall, ... Pharmacy

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.778717
    Latitude
    36.019896

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    FAQs

    What type of property is this?
    Commercial land - 0.81 AC outparcel with excellent access and visibility.
    Where is this commercial land located?
    The property is located at 7510 Asheville Hwy Knoxville, TN.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Redevelopment Project: Existing Food City store is undergoing redevelopment.; - 0.81 AC outparcel is available for development.; - High Traffic Volume: Significant traffic counts on Asheville Hwy (28,930 AADT) and near Hillcrest Rd (20,381 AADT).
    (865) 450-8883
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    7510 Asheville Hwy Knoxville, TN 37924
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    Knoxville, TN 37924
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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
    7510 Asheville Hwy Knoxville, TN 37924
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