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    215 S Gay St Knoxville, TN 37902

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    For Lease
    $40 SF/Yr

    Commercial spaces available for pre-leasing in downtown Knoxville.

    Property size:
    7,745 SF
    Lot size:
    0.62 Acres

    Property Features for 215 S Gay St

    General Information

    Size
    7,745 SF
    Lot size
    0.62 Acres

    Source: Hatcher-Hill Brokerage, LLC Agent Mary Katherine Wormsley

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

    Overview

    Downtown Knoxville Commercial Space Available

    Commercial spaces are available for pre-leasing in downtown Knoxville. The commercial portion of this development is suitable for restaurants, retailers, and office users looking to establish their business in a prominent downtown location. The property offers a total area of 7745 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -83.920146
    Latitude
    35.967621

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    FAQs

    What type of property is this?
    Retail space - Commercial spaces available for pre-leasing in downtown Knoxville.
    Where is this retail space located?
    The property is located at 215 S Gay St Knoxville, TN.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Pre-leasing opportunities available for commercial spaces.; - Located on a prominent block of downtown Knoxville.; - Suitable for restaurants, retailers, and office users.
    (865) 332-7822
    Request Owner's contact information
    215 S Gay St 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
    215 S Gay St Knoxville, TN 37902
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