Three-Suite Office
For Sale
Contact for pricing
5803 N Broadway St, Knoxville, TN 37918
The layout comprises three office spaces suited to separate occupancy or use within one property.
Property Size3,018 SF
Price / SF$181.91
Days on Market18
Property Features for 5803 N Broadway St
General Information
Standard status
Active
Size
3,018 SF
Property subtype
OFFICE
Additional Details
Office Units
3
Listing Agency:
Alliance Sotheby's International Realty
(865) 357-3232
Listed By:
Vick Dyer
(865) 599-4001
Source:
Moodyscre
Added: Sep 28
Changed: Oct 15
Last Checked: Oct 15 at 2:06AM
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 Alliance Sotheby's International Realty
Investment Insights
Based on property information with market context.
This office property contains three office spaces within a 3,018-square-foot building. The configuration supports multiple office areas in a single property.
Located at 5803 N Broadway St in Knoxville, Tennessee, the property is identified with the Fountain City area.
Located at 5803 N Broadway St in Knoxville, Tennessee, the property is identified with the Fountain City area.
Key Highlights
- 3,018‑square‑foot office property
- Three office spaces
- 5803 N Broadway St, Knoxville, TN 37918
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,928
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$798,560
$798.6K
Cap Rate 7%
$570,400
$570.4K
Cap Rate 9%
$443,644
$443.6K
Market Conditions
NOI Build-Up for 3,018 SF
Gross rent
$63.4K $21.00/SF
− Vacancy
−$10.1K −$3.36/SF
EGI
$53.2K $17.64/SF
− OpEx
−$13.3K −$4.41/SF
NOI
$39.9K $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%
$798,560
Cap Rate 7%
$570,400
Cap Rate 9%
$443,644
Alternative Uses
Best Use
Office B
$570.4K
$499.1K – $665.5K
NOI $39,928 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$747.5K
$654.1K – $872.1K
NOI $52,325 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 37918, TN
46,245
Population
20,228
Households
2.3
Avg Household Size
40
Median Age
31%
College-Educated
93%
High-School Grad
34.6 sq mi
ZIP Area
1,337
Density / Sq Mi
$69,311
Median Household Income
$41,882
Median Earnings
$1,102
Median Rent
$237,500
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
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Frequently Asked Questions
What type of property is this?
Office units - The layout comprises three office spaces suited to separate occupancy or use within one property.
Where is this office units located?
The property is located at 5803 N Broadway St Knoxville, TN.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 3,018‑square‑foot office property; Three office spaces; 5803 N Broadway St, Knoxville, TN 37918
