Hardin Valley Office/Warehouse
2010 Castaic Lane Knoxville, TN 37932
2010 Castaic Lane, Knoxville, TN, 37932
$4,750,000
For Sale
$4,750,000
28,678 SF office building with warehouse in West Knoxville.
Property Size28,678 SF
Price / SF$165.63
Days on Market238
Property Features for 2010 Castaic Lane
General Information
- Standard status
- Active
- Size
- 28,678 SF
- Property subtype
- Office
Building Details
- Year Built
- 2002
Listing Agency
SVN Wood Properties
(423) 440-9450
Listed by
Taylor Thompson · License #369177
(423) 440-9450
Source
Svn
Added: Nov 21, 2025 Checked: Jul 17 at 3:33 am
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 SVN Wood Properties
Investment Insights
Based on property information with market context.
This commercial office building, totaling 28,678 square feet, presents an opportunity for owner occupancy or investment. Constructed in 2002 and renovated in 2007, the property is designed for office use. It is zoned PC/TO, offering flexible usage options for various business needs. The building includes multiple offices, conference rooms, open workspaces, and a kitchen. Additionally, it features a 1,986 square foot warehouse with a 17-foot ceiling, an overhead door, and two loading docks. The property is situated on a 4.28-acre lot, suitable for growing businesses. Located in Hardin Valley, one of Knoxville's fastest-growing areas, the property provides access to Pellissippi Parkway and I-40, facilitating commuting and business travel. It is also located near Oak Ridge and Maryville. The location offers proximity to restaurants, shops, and schools.
Key Highlights
- Large 28,678 SF commercial office building suitable for owner occupancy or investment.
- Prime location in the heart of Hardin Valley, a fast‑growing area of West Knoxville, with easy access to major highways.
- Includes a 1,986 SF warehouse with a 17‑foot ceiling, overhead door, and two loading docks.
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 | $602.2k | $21.00 |
| − Vacancy | −$96.4k | −$3.36 |
| EGI | $505.9k | $17.64 |
| − OpEx | −$126.5k | −$4.41 |
| NOI | $379.4k | $13.23 |
28,678 SF · lease $21.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.42M
$4.74M – $6.32M
NOI $379,410 @ 7.0% cap · market cap 7.99%
Second Best
Warehouse
$3.55M
$3.11M – $4.15M
NOI $248,785 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$7.10M
$6.22M – $8.29M
NOI $497,208 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
QRS, Inc.
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 28,678 SF office building with warehouse in West Knoxville.
Where is this office building located?
The property is located at 2010 Castaic Lane Knoxville, TN.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Large 28,678 SF commercial office building suitable for owner occupancy or investment.; Prime location in the heart of Hardin Valley, a fast‑growing area of West Knoxville, with easy access to major highways.; Includes a 1,986 SF warehouse with a 17‑foot ceiling, overhead door, and two loading docks.
