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Two-Building Retail Development Site
For Sale
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Pending

240 N Peters Rd, Knoxville, TN 37923

Two-building retail site totaling 30,000 sf, formerly a car lot and offered for sale.

Property Size30,000 SF
Days on Market12

Property Features for 240 N Peters Rd

General Information

Standard status Pending
Size 30,000 SF
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: Holrob Commercial Realty
Listed By: Mark Shipe · License #TN 278541
Source: Crexi
Added: Jul 21 Changed: Jul 22 Last Checked: Jul 31 at 5:21AM

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 Holrob Commercial Realty

Investment Insights

Based on property information with market context.

The property consists of two buildings on a former car lot, with a combined total reported at 30,000 square feet, subject to verification. The space is being offered for sale and is best suited for buyers evaluating retail redevelopment or adaptive reuse of the existing structures.

The site is described as conveniently located off I-40 at Cedar Bluff and N. Peters Rd and is positioned within an active retail corridor. The property is adjacent to established national retailers including Lowe’s, Best Buy, Dick’s Sporting Goods, Staples, and Panera.

The asset includes two separate buildings, providing flexibility for tenanting or redevelopment planning, with the overall building count and total area noted in the listing remarks as needing verification.

Key Highlights

  • Two‑building retail site totaling 30,000 SF, formerly a car lot
  • Convenient access off I‑40 at Cedar Bluff and N. Peters Rd
  • Located next to major retailers including Lowe’s, Best Buy, Dick’s Sporting Goods, and Staples

Property Analytics

Current Use

Thomas G. Zarger, ... Dental Office Dr. Chelsea Bryant Dental Office Bryant Family Dentistry Dental Office Pristine Smiles Dental Office Arabella Medical Aesthetics ... Spa & Massage Center

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Electrical Service Auto Parts Store Grocery & Convenience Store Storage Facility

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
Highway access

Location Intelligence

Trade Area within ½ mile

2,800
Businesses Nearby

Demographics for 37923, TN

29,705
Population
14,238
Households
2.1
Avg Household Size
37
Median Age
47%
College-Educated
93%
High-School Grad
11.1 sq mi
ZIP Area
2,676
Density / Sq Mi
$70,046
Median Household Income
$42,498
Median Earnings
$1,303
Median Rent
$292,500
Median Home Value

Market

Vacancy Rate% for Retail in Knoxville, TN

4.6% 2019
5.5% 2020
4.5% 2021
4.3% 2022
4.2% 2023
4.2% 2024
5.1% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two-building retail site totaling 30,000 sf, formerly a car lot and offered for sale.
Where is this retail space located?
The property is located at 240 N Peters Rd Knoxville, TN.
What are key features of this property?
This property features: Two‑building retail site totaling 30,000 SF, formerly a car lot; Convenient access off I‑40 at Cedar Bluff and N. Peters Rd; Located next to major retailers including Lowe’s, Best Buy, Dick’s Sporting Goods, and Staples
(865) 637-3770 Call to check price and availability
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