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    7603 Strawberry Plains Pike Knoxville, TN 37924

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    For Sale
    $1,000,000

    Commercial land near new apartment development and high-traffic area.

    Lot size:
    1.65 Acres

    Property Features for 7603 Strawberry Plains Pike

    General Information

    Lot size
    1.65 Acres

    Source: Oliver Smith Realty & Development Company Agent Oliver A Smith IV

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

    Overview

    Land Near Universal Development

    This commercial land is located next to Universal at Strawberry Plains, a new apartment development featuring 348 units with 1, 2, and 3-bedroom apartments and townhomes. The property benefits from significant traffic flow, with a count of 100,729 at the I-40 Interchange and 20,381 on 25W. Retail establishments are nearby, including McDonald’s, Wendy’s, Waffle House, Cracker Barrel, Burger King, Pilot Travel Center, and Taco Bell.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.771607
    Latitude
    36.01158

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    FAQs

    What type of property is this?
    Land - Commercial land near new apartment development and high-traffic area.
    Where is this land located?
    The property is located at 7603 Strawberry Plains Pike Knoxville, TN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Next to a new 348-unit apartment development; - High traffic count at I-40 Interchange (100,729); - High traffic count on 25W (20,381)
    (865) 584-2000
    Request Owner's contact information
    7603 Strawberry Plains Pike 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
    7603 Strawberry Plains Pike Knoxville, TN 37924
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