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    5907 Rutledge Pike Knoxville, TN 37924

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    For Sale
    $3,250,000

    Commercial space with storage units and development opportunities on 10 acres.

    Lot size:
    10.00 Acres

    Property Features for 5907 Rutledge Pike

    General Information

    Lot size
    10.00 Acres

    Source: Realty Executives Associates Agent Jerry J Headrick

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

    Overview

    Versatile Commercial Property with Development Potential

    This commercial property features a diverse range of opportunities, including a business center constructed by the owner. The property includes a total of 50 storage units housed in two buildings, one spanning 12,000 square feet and the other 4,000 square feet. These units have a history of continuous occupancy since their construction. Additionally, there is a vacant CB zoned lot available for immediate development. The property also includes 5.05 acres zoned RB, allowing for multi-family development at a density of 12 units per acre or more with planning commission approval. This zoning designation is no longer available, streamlining the development process. The location is just outside the city, offering the advantage of lower taxes. The property offers significant potential for various development projects.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Skin Care Clinic Kitchen & Bath Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.84767
    Latitude
    36.03108

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    FAQs

    What type of property is this?
    Self storage facility - Commercial space with storage units and development opportunities on 10 acres.
    Where is this self storage facility located?
    The property is located at 5907 Rutledge Pike Knoxville, TN.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - Established business center with 50 storage units in two buildings (12,000 sq ft and 4,000 sq ft) with consistent rental history.; - 5.05 acres zoned RB (Residential Business) allowing for multi-family development at 12 units per acre without planning commission approval.; - Vacant CB (Commercial Business) zoned lot ready for immediate construction.
    (865) 679-1876
    Request Owner's contact information
    5907 Rutledge Pike 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
    5907 Rutledge Pike Knoxville, TN 37924
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