Clear-Span
For Sale
Contact for pricing
511 King Street, Knoxville, TN 37917
Downtown-edge industrial building with three-phase power, 13-foot clear height, and DK-E zoning.
Property Size6,350 SF
Price / SF$0.00
Days on Market100
Property Features for 511 King Street
General Information
Standard status
Active
Size
6,350 SF
Property subtype
Industrial
Zoning
DK-E
Lease Term
NNN
Warehouse & Industrial
Clear Height
13 ft
Clear Span
Yes
Voltage
208 V
Three-Phase Power
Yes
Building Details
Building Size
6,350 SF
Properties For Sale
at 511 King Street
511 King Street
Size
6,350 SF
Type
Flex Space
Term
Negotiable
Listing Agency:
NAI Koella RM Moore - Knoxville
Listed By:
James Roberson, SIOR, CCIM
(865) 806-9003
Source:
Koellamoore
Added: Jul 12
Changed: Oct 3
Last Checked: Oct 16 at 6:59AM
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 NAI Koella RM Moore - Knoxville
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Investment Insights
Based on property information with market context.
This 6,350-square-foot warehouse building offers a clear-span interior with 13' clear ceiling height and no column spacing noted within the main area. The property includes three-phase 208/120 power and T-5 lighting, supporting a range of warehouse and industrial operations.
The building is located at 511 King Street in Knoxville, near 5th Avenue and within the downtown area. It carries DK-E (Downtown Edge) zoning. Lease terms are structured as NNN, with a stated lease rate of $9.00/SF.
The building is located at 511 King Street in Knoxville, near 5th Avenue and within the downtown area. It carries DK-E (Downtown Edge) zoning. Lease terms are structured as NNN, with a stated lease rate of $9.00/SF.
Key Highlights
- 6,350 square feet of warehouse space
- 13' clear ceiling height
- Clear‑span interior with no columns noted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,087
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,740
$1.1M
Cap Rate 7%
$786,957
$787.0K
Cap Rate 9%
$612,078
$612.1K
Market Conditions
NOI Build-Up for 6,350 SF
Gross rent
$68.6K $10.80/SF
− Vacancy
−$3.8K −$0.59/SF
EGI
$64.8K $10.21/SF
− OpEx
−$9.7K −$1.53/SF
NOI
$55.1K $8.68/SF
Area
Knoxville, TN
Vacancy
5.50%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,740
Cap Rate 7%
$786,957
Cap Rate 9%
$612,078
Alternative Uses
Best Use
Warehouse
$787.0K
$688.6K – $918.1K
NOI $55,087 @ 7.0% cap · market cap 612,077.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M
NOI $110,094 @ 7.0% cap · market cap 1,223,266.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
13 ft
Clear height
Location Intelligence
Trade Area within ½ mile
2,184
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Downtown-edge industrial building with three-phase power, 13-foot clear height, and DK-E zoning.
Where is this warehouse located?
The property is located at 511 King Street Knoxville, TN.
What are key features of this property?
This property features: 6,350 square feet of warehouse space; 13' clear ceiling height; Clear‑span interior with no columns noted
