Freestanding Bank
For Sale
Contact for pricing
7005 Maynardville Pike, Knoxville, TN 37918
GC zoning allows a range of retail, office, and service uses.
Property Size6,864 SF
Lot Size0.90 Acres
Price / SF$233.10
Days on Market94
Property Features for 7005 Maynardville Pike
General Information
Standard status
Active
Size
6,864 SF
Class
Class B
Total Parking Spaces
25
Lot size
0.90 Acres
Property subtype
OFFICE
Zoning
GC
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Move-in Ready
Property Use
Office
Amenities
drive-thru lanes
vault
safe deposit boxes
Building Details
Year Built
1976
Buildings
1
Stories
1
Building Size
6,864 SF
Parking Ratio
2.43 per 1,000 SF
Listing Agency:
Cappiello Real Estate Company
(865) 482-1214
Listed By:
Alston Gage · License #TN 370369
(615) 293-1349
Source:
Moodyscre
Added: Jul 28
Changed: Oct 28
Last Checked: Oct 28 at 4:00PM
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 Cappiello Real Estate Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding, single-story bank building contains 6,864 square feet and was constructed in 1976. Interior features include a vault and safe deposit boxes. The site provides surface parking for 25 vehicles, with 83 feet of frontage on Maynardville Highway.
The property is in the Halls Crossroads commercial corridor in Knoxville. Its GC (General Commercial) zoning permits retail, office, and service uses. The building’s former bank configuration and drive-through facilities are part of the existing property.
The property is in the Halls Crossroads commercial corridor in Knoxville. Its GC (General Commercial) zoning permits retail, office, and service uses. The building’s former bank configuration and drive-through facilities are part of the existing property.
Key Highlights
- 6,864‑square‑foot, single‑story freestanding building
- 83 feet of frontage on Maynardville Highway
- Surface parking for 25 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,042
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,300,840
$2.3M
Cap Rate 7%
$1,643,457
$1.6M
Cap Rate 9%
$1,278,244
$1.3M
Market Conditions
NOI Build-Up for 6,864 SF
Gross rent
$160.6K $23.40/SF
− Vacancy
−$7.2K −$1.05/SF
EGI
$153.4K $22.35/SF
− OpEx
−$38.3K −$5.59/SF
NOI
$115.0K $16.76/SF
Area
Knoxville, TN
Vacancy
4.50%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,300,840
Cap Rate 7%
$1,643,457
Cap Rate 9%
$1,278,244
Alternative Uses
Best Use
Specialty Retail
$1.64M
$1.44M – $1.92M
NOI $115,042 @ 7.0% cap · market cap 7.19%
Second Best
Retail
$1.41M
$1.23M – $1.64M
NOI $98,594 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $119,005 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
559
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Bank - GC zoning allows a range of retail, office, and service uses.
Where is this bank located?
The property is located at 7005 Maynardville Pike Knoxville, TN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 6,864‑square‑foot, single‑story freestanding building; 83 feet of frontage on Maynardville Highway; Surface parking for 25 vehicles
