Convenience
7512 Sevierville Pike, Knoxville, TN 37920
For Sale
New
Contact for pricing
The retail operation carries beer, cigarettes, tobacco products, and other convenience merchandise.
Property Size5,200 SF
Price / SF$192.31
Days on Market5
Property Features for 7512 Sevierville Pike
General Information
Standard status
Size
Property subtype
Listing Agency:
Realty Executives Associates
(865) 983-0011
Listed By:
Mike Howell · License TN #302726
(865) 660-5096
Source:
Moodyscre
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 4:57PM
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
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Investment Insights
Based on property information with market context.
This convenience retail property contains 5,200 square feet and offers beer, cigarettes, tobacco products, and other everyday merchandise. Its format serves shoppers seeking readily available consumer goods.
The store is on Sevierville Pike in Knoxville, with access to the Knoxville market and nearby residential communities.
The store is on Sevierville Pike in Knoxville, with access to the Knoxville market and nearby residential communities.
Key Highlights
- 5,200‑square‑foot convenience retail property
- Merchandise includes beer, cigarettes, tobacco products, and other convenience goods
- Situated on Sevierville Pike in Knoxville
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,153
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,743,060
$1.7M
Cap Rate 7%
$1,245,043
$1.2M
Cap Rate 9%
$968,367
$968.4K
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$121.7K $23.40/SF
− Vacancy
−$5.5K −$1.05/SF
EGI
$116.2K $22.35/SF
− OpEx
−$29.1K −$5.59/SF
NOI
$87.2K $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%
$1,743,060
Cap Rate 7%
$1,245,043
Cap Rate 9%
$968,367
Alternative Uses
Best Use
Specialty Retail
$1.25M
$1.09M – $1.45M
NOI $87,153 @ 7.0% cap · market cap 8.72%
Second Best
Retail
$1.07M
$933.7K – $1.24M
NOI $74,693 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,156 @ 7.0% cap · market cap 9.02%
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
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37920, TN
41,210
Population
20,180
Households
2
Avg Household Size
37
Median Age
34%
College-Educated
91%
High-School Grad
72.3 sq mi
ZIP Area
570
Density / Sq Mi
$61,348
Median Household Income
$35,591
Median Earnings
$1,092
Median Rent
$231,300
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 Retail in Knoxville, TN
Similar Off Market Nearby
- Food City — 7608 Mountain Grove Dr, Knoxville, TN 37920
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The retail operation carries beer, cigarettes, tobacco products, and other convenience merchandise.
Where is this grocery and convenience store located?
The property is located at 7512 Sevierville Pike Knoxville, TN.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 5,200‑square‑foot convenience retail property; Merchandise includes beer, cigarettes, tobacco products, and other convenience goods; Situated on Sevierville Pike in Knoxville
