16 Emory Pl, Knoxville, TN
Income-producing office condo in historic North Knoxville neighborhood.
- Added:
- Nov 1, 2025
- Days on Market:
- 250
- Last Refresh:
- May 19 at 9:45 pm
Property Features for 16 Emory Pl
General Information
- Standard status
- Active
- Size
- 8,025 SF
- Lot size
- 0.10 Acres
- Property subtype
- OFFICE
Listing office Lawler-Wood, LLC (865) 776-4281
Listing date Nov 1, 2025
Source Moodyscre
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 Lawler-Wood, LLC
HighLights
- Long‑term tenant in place with a new 10‑year lease starting April 1, 2026, providing stable income.
- Fully renovated in 2017‑2018, including residential and office condominiums.
- Located at the entrance of Knoxville's Historic North Knoxville and Emory Place neighborhoods.
- Property is income producing.
- Building constructed in the 1920s and built to last.
- First and second floors are office condo units 100 and 200.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $168.5k | $21.00 |
| − Vacancy | −$27.0k | −$3.36 |
| EGI | $141.6k | $17.64 |
| − OpEx | −$35.4k | −$4.41 |
| NOI | $106.2k | $13.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -83.9226
- Latitude
- 35.9742