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    3920 Asheville Hwy Knoxville, TN 37914

    For Sale
    $974,400

    Versatile commercial space with excellent parking and high visibility.

    Property size:
    7,729 SF
    Lot size:
    1.69 Acres

    Property Features for 3920 Asheville Hwy

    General Information

    Size
    7,729 SF
    Lot size
    1.69 Acres

    Source: Realty Executives Associates Agent Joe Fox

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

    Overview

    Restaurant/Retail Space For Sale

    This commercial space, suitable for a restaurant or retail concept, offers redevelopment opportunities. The property features parking and street frontage, with visibility to attract customers. Its location provides high traffic and accessibility, situated near the interstate and minutes from downtown. The property size is 7729 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.875548
    Latitude
    36.000386

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    FAQs

    What type of property is this?
    Restaurant - Versatile commercial space with excellent parking and high visibility.
    Where is this restaurant located?
    The property is located at 3920 Asheville Hwy Knoxville, TN.
    What is the asking price?
    The asking price for this property is $974,400.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity for restaurant, brewery, or retail concept.; - Excellent parking and exceptional street frontage.; - Unbeatable visibility to attract customers.
    (865) 621-9493
    Request Owner's contact information
    3920 Asheville Hwy Knoxville, TN 37914
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    Knoxville, TN 37914
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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
    3920 Asheville Hwy Knoxville, TN 37914
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