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Second-Story Office Units

1200 McCalla Ave, Knoxville, TN 37915

For Sale
Contact for pricing

Commercial Sale, Knoxville, TN

Property Size133 SF
Lot Size0.14 Acres
Price / SF$4.51
Days on Market375

Property Features for 1200 McCalla Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description I-MU
Parking 12
Directions At Gay St, & Jackson head east on Jackson Ave past new baseball stadium which changes into McCalla. Building on right on the corner of Willow.
Subdivision Knox County - 1
Standard status Active
APN 095AJ004
Size 133 SF
Lot size 0.14 Acres

Additional Details

Property Use Office

Taxes and HOA fees

Tax Annual Amount 4475

Utilities

Heating system Electric (Heating), Forced Air
Cooling system Central Air
Water source Public

Amenities

common kitchen space

Building Details

Floors in Building 2
Listing Agency: Weichert REALTORS Advantage Plus
Listed By: Patrick Michael · License TN #2558
Added: Nov 1, 2025 Changed: Oct 24 Last Checked: Nov 10 at 4:06AM
MLS# 1320589

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This second-story office property offers multiple configurations, including individual offices of approximately 133 square feet and larger spaces measuring 1,160 square feet. Common kitchen access supports shared use among occupants. Heating is provided by forced-air electric systems, with central air conditioning and public water service.

The property is located at 1200 McCalla Ave in Knoxville’s Old City area, two blocks from the new stadium. Off-street parking is available. Electricity, water, sewer, heat and air, trash service, and property taxes are included with the office arrangements described.

Key Highlights

  • Multiple office configurations, including approximately 133 SF and 1,160 SF spaces
  • Second‑story offices with shared common kitchen
  • Electric forced‑air heating and central air conditioning

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 (±1% cap)
NOI $1,760 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$32.9K
$28.8K – $38.4K (±1% cap)
NOI $2,306 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Garden Center Plumbing Service HVAC Service Veterinary Clinic Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,472
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Office Units in Knoxville

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Flexible office configurations with shared kitchen access 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: Multiple office configurations, including approximately 133 SF and 1,160 SF spaces; Second‑story offices with shared common kitchen; Electric forced‑air heating and central air conditioning
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