Office Building with Fenced
200 E Inskip Drive, Knoxville, TN 37912
For Sale
Contact for pricing
Five private offices, a full kitchen, and on-site parking support a range of commercial operations.
Property Size1,343 SF
Price / SF$241
Days on Market14
Property Features for 200 E Inskip Drive
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Highway Access
Office Units
Property Use
Amenities
full kitchen
laundry room
security cameras
carport
workshop
Building Details
Buildings
Listing Agency:
The Real Estate Firm
(865) 679-7201
Listed By:
Sam Oliver
(865) 405-4186
Source:
Moodyscre
Added: Nov 1
Changed: Nov 12
Last Checked: Nov 12 at 2:44PM
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 The Real Estate Firm
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Investment Insights
Based on property information with market context.
This 1,343-square-foot office building includes five separate offices, a full kitchen, one full executive bath, one half bath, and a laundry room. New LVP flooring is installed. The property also has a fenced lot, carport, shed, and additional parking outside the fenced area; security cameras, the carport, and workshop convey. Zoning is I-2, identified as light industrial.
The property is in the Knoxville Metro area, with access to Interstate 75 and Interstate 40. It is located at 200 E Inskip Drive in Knoxville, Tennessee.
The property is in the Knoxville Metro area, with access to Interstate 75 and Interstate 40. It is located at 200 E Inskip Drive in Knoxville, Tennessee.
Key Highlights
- 1,343‑square‑foot office building with five separate offices
- I‑2 zoning, identified as light industrial
- Fenced lot, carport, shed, and parking outside the fenced area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,768
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,360
$355.4K
Cap Rate 7%
$253,829
$253.8K
Cap Rate 9%
$197,422
$197.4K
Market Conditions
NOI Build-Up for 1,343 SF
Gross rent
$28.2K $21.00/SF
− Vacancy
−$4.5K −$3.36/SF
EGI
$23.7K $17.64/SF
− OpEx
−$5.9K −$4.41/SF
NOI
$17.8K $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%
$355,360
Cap Rate 7%
$253,829
Cap Rate 9%
$197,422
Alternative Uses
Best Use
Office B
$253.8K
$222.1K – $296.1K
NOI $17,768 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$332.6K
$291.1K – $388.1K
NOI $23,284 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
5
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
Explore this area
Business Placement
Demographics for 37912, TN
22,313
Population
10,916
Households
2
Avg Household Size
36
Median Age
23%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
2,105
Density / Sq Mi
$44,754
Median Household Income
$30,859
Median Earnings
$1,050
Median Rent
$185,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office buildings in Knoxville
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Five private offices, a full kitchen, and on-site parking support a range of commercial operations.
Where is this office building located?
The property is located at 200 E Inskip Drive Knoxville, TN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,343‑square‑foot office building with five separate offices; I‑2 zoning, identified as light industrial; Fenced lot, carport, shed, and parking outside the fenced area
