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    905 Locust St Knoxville, TN 37902

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    For Sale
    $975,000

    Prime office building suitable for professionals or residential renovation.

    Property size:
    3,300 SF
    Lot size:
    0.02 Acres

    Property Features for 905 Locust St

    General Information

    Size
    3,300 SF
    Lot size
    0.02 Acres

    Source: Wallace Commercial Agent Brett Richardson

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

    Overview

    Downtown Knoxville Professional Office Building

    This professional office building is located in downtown Knoxville, ideally suited for attorneys, architects, consultants, or any business professional. The property features four private offices, two restrooms, a reception area, and a conference room. Client convenience is enhanced by two deeded parking spaces and two additional spaces via easement. The property also presents a unique opportunity as a potential residential renovation project. With current zoning, the property is also eligible for VRBO or other short-term rental operations (permit required). The driveway to the left of the building is an easement providing access to the rear of the property, with the adjacent building also having rights to use this easement for rear access. The building is currently occupied by attorneys and will be delivered vacant prior to closing. There is a basement with plenty of room for storage. The property size is 3300 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mike Whalen, Lawyer Attorney Davis Aubrey Attorney Law Office of Richard ... Attorney Lanzon Law Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.919408
    Latitude
    35.960107

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    FAQs

    What type of property is this?
    Office building - Prime office building suitable for professionals or residential renovation.
    Where is this office building located?
    The property is located at 905 Locust St Knoxville, TN.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Prime downtown Knoxville location, ideal for professionals with easy access to courthouses.; - Four dedicated parking spaces (two deeded, two via easement) - a rare and valuable downtown amenity.; - Potential for residential renovation or short-term rental (VRBO) use, offering flexibility and investment opportunities.
    (865) 405-3525
    Request Owner's contact information
    905 Locust 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
    905 Locust St Knoxville, TN 37902
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