Building Details

Buildings 1

Building Size 3,200 SF

Listing Agency: Wallace Commercial Show Phone

Listed By: J W Deaver Show Phone

Source: Moodyscre

Added: Sep 3 Changed: Oct 25 Last Checked: Oct 28 at 8:13AM

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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 Wallace Commercial

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Investment Insights

Based on property information with market context.

This office building includes approximately 3,200 square feet of commercial space on 1 acre. Its flexible layout supports a range of potential business applications, while the property’s substantial land area provides additional site utility.

The property occupies a corner at W Beaver Creek Drive and Clinton Highway in Powell, Tennessee, with convenient access from a highly visible intersection. The address is 7207 Ammons Ln, Powell, TN 37849. A planned new interchange is identified as a future area improvement that may affect traffic flow and access over time.

Key Highlights

• Approximately 3,200 square feet of commercial building space
• 1‑acre site with substantial land area
• Corner position at W Beaver Creek Drive and Clinton Highway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$47,947

Cap Rate

7.38%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$958,940 $958.9K

Cap Rate 7%

$684,957 $685.0K

Cap Rate 9%

$532,744 $532.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,200 SF

Gross rent

$69.1K $21.60/SF

− Vacancy

−$5.2K −$1.62/SF

EGI

$63.9K $19.98/SF

− OpEx

−$16.0K −$4.99/SF

NOI

$47.9K $14.98/SF

Area

Knox County, TN

Vacancy

7.51%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$958,940

Cap Rate 7%

$684,957

Cap Rate 9%

$532,744

Alternative Uses

Best Use

Office B

$685.0K

$599.3K – $799.1K (±1% cap)

NOI $47,947 @ 7.0% cap · market cap 7.38%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$829.5K

$725.8K – $967.8K (±1% cap)

NOI $58,065 @ 7.0% cap · market cap 8.93%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Foot Of The CROSS Baptist ... Church

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Accounting Firm Kitchen & Bath Showroom Veterinary Clinic

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

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

162

Businesses Nearby

Explore this area Business Placement

Demographics for 37849, TN

27,742

Population

11,465

Households

2.4

Avg Household Size

41

Median Age

32%

College-Educated

94%

High-School Grad

39.7 sq mi

ZIP Area

699

Density / Sq Mi

$83,400

Median Household Income

$41,187

Median Earnings

$1,097

Median Rent

$263,600

Median Home Value

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 - Flexible commercial building with a corner position, usable layout, and potential for multiple business applications.

Where is this office building located?

The property is located at 7207 Ammons Ln Powell, TN.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Approximately 3,200 square feet of commercial building space; 1‑acre site with substantial land area; Corner position at W Beaver Creek Drive and Clinton Highway