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Two-Story Office Building
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2710 N Central St, Knoxville, TN 37917

Industrial zoning and updated building systems support flexible commercial occupancy, subject to approved-use verification.

Property Size2,025 SF
Price / SF$190.12
Days on Market56

Property Features for 2710 N Central St

General Information

Standard status Active
Size 2,025 SF
Property subtype OFFICE

Building Details

Buildings 1
Stories 2
Building Size 2,025 SF
Listing Agency: Slyman Real Estate-Commercial
Listed By: Katie Linkous
Source: Moodyscre
Added: Aug 21 Changed: Oct 2 Last Checked: Oct 15 at 2:13AM

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 Slyman Real Estate-Commercial

Investment Insights

Based on property information with market context.

This two-level office property contains 2,025 square feet with hardwood flooring, 10-foot ceilings on each floor, and multiple fireplaces. Recent improvements include new central HVAC, a new roof, and new fencing, while the building retains period character. A large parking lot is located behind the building.

The property is at 2710 N Central St in Knoxville, across from Elst Brewing, Fanatic Brewing, and Steamboat Sandwiches. Local breweries, restaurants, and shops are described as being steps away, with downtown Knoxville minutes from the site.

The property is zoned industrial. Commercial, office, retail, creative studio, live-work, and residential uses are identified in the remarks, with the tenant or buyer responsible for confirming zoning compliance and occupancy requirements with Knox County and the City of Knoxville.

Key Highlights

  • 2,025 square feet across two levels
  • 10‑foot ceilings on both floors with hardwood flooring
  • New central HVAC, roof, and fencing

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,791
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,820 $535.8K
Cap Rate 7%
$382,729 $382.7K
Cap Rate 9%
$297,678 $297.7K
Market Conditions
NOI Build-Up for 2,025 SF
Gross rent
$42.5K $21.00/SF
− Vacancy
−$6.8K −$3.36/SF
EGI
$35.7K $17.64/SF
− OpEx
−$8.9K −$4.41/SF
NOI
$26.8K $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%
$535,820
Cap Rate 7%
$382,729
Cap Rate 9%
$297,678

Alternative Uses

Best Use
Office B
$382.7K
$334.9K – $446.5K (±1% cap)
NOI $26,791 @ 7.0% cap · market cap 6.96%
Second Best
Mixed Use
$315.9K
$276.4K – $368.6K (±1% cap)
NOI $22,113 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$501.6K
$438.9K – $585.2K (±1% cap)
NOI $35,109 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Welcome Home Midwifery Midwife

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

662
Businesses Nearby

Demographics for 37917, TN

25,013
Population
14,216
Households
1.8
Avg Household Size
39
Median Age
31%
College-Educated
87%
High-School Grad
9.5 sq mi
ZIP Area
2,633
Density / Sq Mi
$51,232
Median Household Income
$37,853
Median Earnings
$1,063
Median Rent
$189,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Industrial zoning and updated building systems support flexible commercial occupancy, subject to approved-use verification.
Where is this office building located?
The property is located at 2710 N Central St Knoxville, TN.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 2,025 square feet across two levels; 10‑foot ceilings on both floors with hardwood flooring; New central HVAC, roof, and fencing
(865) 321-0454 Call to check price and availability
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