Office Suites with Shared
For Sale
Contact for pricing
1200 McCalla Ave, Knoxville, TN 37915
Second-story offices include shared kitchen access, utilities, and off-street parking.
Property Size133 SF
Price / SF$4.51
Days on Market362
Property Features for 1200 McCalla Ave
General Information
Standard status
Active
Size
133 SF
Total Parking Spaces
12
Property subtype
Commercial
Zoning
I-MU
Additional Details
Floor
2
Utilities to Site
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$4,475
Amenities
common kitchen space
Building Details
Building Size
133 SF
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Weichert REALTORS Advantage Plus
(865) 474-7100
Listed By:
Patrick Michael · License #2558
(865) 607-9548
Source:
Thirdtnrealty
Added: Nov 1, 2025
Changed: Oct 25
Last Checked: Oct 26 at 4:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert REALTORS Advantage Plus
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Investment Insights
Based on property information with market context.
Second-story office suites are available in multiple configurations, including individual offices of approximately 133 square feet and a larger 1,160-square-foot option. Tenants share a kitchen, and electricity, water, sewer, heating and air conditioning, trash service, and property taxes are included.
The property is in Knoxville’s Old City, two blocks from a new stadium, with off-street parking. Zoning is I-MU.
The property is in Knoxville’s Old City, two blocks from a new stadium, with off-street parking. Zoning is I-MU.
Key Highlights
- Office options include approximately 133 square feet and 1,160 square feet
- Second‑story offices with shared kitchen space
- Electricity, water, sewer, heating and air conditioning, trash, and property taxes included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,760
Suggested Prices Based on Cap Rates
Cap Rate 5%
$35,200
$35.2K
Cap Rate 7%
$25,143
$25.1K
Cap Rate 9%
$19,556
$19.6K
Market Conditions
NOI Build-Up for 133 SF
Gross rent
$2.8K $21.00/SF
− Vacancy
−$447 −$3.36/SF
EGI
$2.3K $17.64/SF
− OpEx
−$587 −$4.41/SF
NOI
$1.8K $13.23/SF
Area
Knoxville, TN
Vacancy
16.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$35,200
Cap Rate 7%
$25,143
Cap Rate 9%
$19,556
Alternative Uses
Best Use
Office B
$25.1K
$22.0K – $29.3K
NOI $1,760 @ 7.0% cap · market cap 293.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$32.9K
$28.8K – $38.4K
NOI $2,306 @ 7.0% cap · market cap 384.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,472
Businesses Nearby
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Business Placement
Demographics for 37915, TN
5,509
Population
3,722
Households
1.5
Avg Household Size
33
Median Age
17%
College-Educated
76%
High-School Grad
1.9 sq mi
ZIP Area
2,899
Density / Sq Mi
$22,236
Median Household Income
$29,433
Median Earnings
$519
Median Rent
$206,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Second-story offices include shared kitchen access, utilities, and off-street parking.
Where is this office unit located?
The property is located at 1200 McCalla Ave Knoxville, TN.
What are key features of this property?
This property features: Office options include approximately 133 square feet and 1,160 square feet; Second‑story offices with shared kitchen space; Electricity, water, sewer, heating and air conditioning, trash, and property taxes included
