Back to Search

Versatile Commercial Property with Development Potential

5907 Rutledge Pike, Knoxville, TN

View on Map

For Sale

Contact for pricing

Commercial space with storage units and development opportunities on 10 acres.

Type:RETAIL

Lot size:

10.00 Acres

HighLights

Established business center with 50 storage units in two buildings (12,000 sq ft and 4,000 sq ft) with consistent rental history.
5.05 acres zoned RB (Residential Business) allowing for multi‑family development at 12 units per acre without planning commission approval.
Vacant CB (Commercial Business) zoned lot ready for immediate construction.
Located just outside the city limits, offering the advantage of lower taxes.
Total property size of approximately 10 acres, including the existing structures and vacant land.
Recent sale of an adjacent, similar storage facility for $11.75 million indicates strong market value.

We can help!

Listing Contact

Jerry J Headrick

For Sale

Contact for pricing

Commercial space with storage units and development opportunities on 10 acres.

Type:RETAIL

Lot size:

10.00 Acres

Added:: Nov 14, 2023
Days on Market:: 944
Last Refresh:: May 20 at 9:28 pm

Property Features for 5907 Rutledge Pike

General Information

Standard status: Active
Lot size: 10.00 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Jerry J Headrick

Listing agent Jerry J Headrick

Listing office Realty Executives Associates

Listing date Nov 14, 2023

Source Moodyscre

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 Realty Executives Associates

HighLights

Established business center with 50 storage units in two buildings (12,000 sq ft and 4,000 sq ft) with consistent rental history.
5.05 acres zoned RB (Residential Business) allowing for multi‑family development at 12 units per acre without planning commission approval.
Vacant CB (Commercial Business) zoned lot ready for immediate construction.
Located just outside the city limits, offering the advantage of lower taxes.
Total property size of approximately 10 acres, including the existing structures and vacant land.
Recent sale of an adjacent, similar storage facility for $11.75 million indicates strong market value.

Overview

This commercial property features a diverse range of opportunities, including a business center constructed by the owner. The property includes a total of 50 storage units housed in two buildings, one spanning 12,000 square feet and the other 4,000 square feet. These units have a history of continuous occupancy since their construction. Additionally, there is a vacant CB zoned lot available for immediate development. The property also includes 5.05 acres zoned RB, allowing for multi-family development at a density of 12 units per acre or more with planning commission approval. This zoning designation is no longer available, streamlining the development process. The location is just outside the city, offering the advantage of lower taxes. The property offers significant potential for various development projects.

Property Profile Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Location Insight

Map
Local Demand

City: Knoxville
County: Knox
State: Tennessee
Longitude: -83.8477
Latitude: 36.0311

Nearby Similar for Sale

$545,000

2,376 SF

Turnkey Short-Term Rental Duplex

Duplex with two fully equipped units, separate utilities and HVAC, and STR-ready guest setup for groups up to 17.

6628 Greer Rd, Knoxville, TN 37918

View Details
$2,500,000

4,692 SF

Transmission Repair Auto Shop

Free-standing auto repair facility with multiple bays and lifts, operating since 1988 and equipped with modern diagnostic tools.

5327 Clinton Highway, Knoxville, TN 37912

View Details
$504,000

3,618 SF

Five-Unit Multifamily Investment Opportunity

Five-unit rental property near Downtown and University of Tennessee.

600 Radford Place, Knoxville, TN 37917

View Details
$380,000

7,374 SF

Two-Story Commercial Redevelopment Building

Two-story commercial property with four suites and CN-1 zoning, ready for renovation with alley access.

315 Ogle Ave, Knoxville, TN 37920

View Details
$595,000

4,727 SF

Fully Leased 4-Plex Income Property

Four occupied units with in-unit washer and dryer hookups and separate HVAC systems, plus dedicated storage rooms in the basement.

2828 NE Colt Drive, Knoxville, TN 37918

View Details
$595,000

4,773 SF

Fully Leased Four-Plex Investment

Four 2-bedroom units with private laundry hookups and month-to-month leases, tenant-paid utilities, and on-site parking.

2816 NE Colt Drive, Knoxville, TN 37918

View Details
$924,900

6,982 SF

Lakefront Land in Gated Community

Rare lakefront lot with approved dock in Knoxville's prime location.

1532 Regiment Way, Knoxville, TN 37922

View Details
$500,000

2,296 SF

Knoxville Multifamily Investment Opportunity

Two homes plus hookup on 4.28 acres in Knoxville.

4127/4129 Crippen Rd, Knoxville, TN 37918

View Details
$795,000

5,608 SF

Charming Historic Fourth & Gill 4-Plex

Spacious 4-unit property with original charm in historic neighborhood.

903 Luttrell St, Knoxville, TN 37917

View Details
$549,900

2,428 SF

Duplex with Separate Driveways

Nearly new duplex with separate driveways, modern interiors, one leased unit and one vacant unit on commercially zoned land.

123/125 S Chestnut St, Knoxville, TN 37914

View Details
$1,724,950

8,514 SF

Two Multifamily Buildings on One Lot

Twelve-unit multifamily portfolio with furnished units, separate metering, and laundry on one deeded lot in Knoxville.

1412-1418 Armstrong Ave, Knoxville, TN 37917

View Details
$400,000

2,682 SF

Three-Unit Residential Income Property

Three rental units with recent interior updates are offered in as-is condition for an owner-occupant or investor.

2703 Bridalwood Drive, Knoxville, TN 37917

View Details

What type of property is this?

Self storage facility - Commercial space with storage units and development opportunities on 10 acres.

Where is this self storage facility located?

The property is located at 5907 Rutledge Pike Knoxville, TN.

What is the asking price?

The asking price for this property is $3,250,000.

What are key features of this property?

This property features: Established business center with 50 storage units in two buildings (12,000 sq ft and 4,000 sq ft) with consistent rental history.; 5.05 acres zoned RB (Residential Business) allowing for multi‑family development at 12 units per acre without planning commission approval.; Vacant CB (Commercial Business) zoned lot ready for immediate construction.

5907 Rutledge Pike, Knoxville, TN

Commercial space with storage units and development opportunities on 10 acres.

Property Features for 5907 Rutledge Pike

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey Short-Term Rental Duplex

Transmission Repair Auto Shop

Five-Unit Multifamily Investment Opportunity

Two-Story Commercial Redevelopment Building

Fully Leased 4-Plex Income Property

Fully Leased Four-Plex Investment

Lakefront Land in Gated Community

Knoxville Multifamily Investment Opportunity

Charming Historic Fourth & Gill 4-Plex

Duplex with Separate Driveways

Two Multifamily Buildings on One Lot

Three-Unit Residential Income Property

FAQs

Create New Password