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    6517 Asheville Hwy Knoxville, TN 37924

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    For Sale
    $435,000

    Retail property with high visibility and traffic volume.

    Property size:
    616 SF
    Lot size:
    0.80 Acres

    Property Features for 6517 Asheville Hwy

    General Information

    Size
    616 SF
    Lot size
    0.80 Acres

    Source: SVN I Wood Properties Agent Elizabeth Houser

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

    Overview

    Asheville Highway Retail Opportunity

    This well-situated retail site benefits from excellent visibility and high traffic volume within a growing trade area along the Asheville Highway corridor in East Knoxville. The location is within close proximity to I-40 and I-640. The property has an existing structure of 616 square feet on a lot size of 0.80 acres. Traffic counts exceed 32,000 vehicles per day. Nearby successful retailers include Dunkin' Donuts, Food City, AutoZone, Advance Auto, Wendy's, and the Ammo Gun Shop. This property offers great potential for redevelopment or for immediate occupation and expansion of the current structure.
    Insight Report Location Intelligence

    Current Use by Public Records

    Five-Star Resurfacing, LLC Bathroom Remodeler Ontime Towing and Recovery Towing Service

    Suggested Use

    Restaurant Realty agency Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy Auto Parts Store

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

    Similar Places Nearby

    Kroger Floral

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.81556
    Latitude
    36.01941

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    FAQs

    What type of property is this?
    Storefront property - Retail property with high visibility and traffic volume.
    Where is this storefront property located?
    The property is located at 6517 Asheville Hwy Knoxville, TN.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: - High traffic volume: Over 32,000 vehicles per day.; - Excellent visibility on Asheville Highway corridor.; - Located in a growing trade area.
    (513) 315-7694
    Request Owner's contact information
    6517 Asheville Hwy 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
    6517 Asheville Hwy Knoxville, TN 37924
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