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    Historic Buildings in Emory Place Title is generated by Realmo AI

    8-12 Emory Pl, Knoxville, TN

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    Three contiguous historic buildings in booming Knoxville district.

    Type:OFFICE
    Property size:
    12,000 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $166/SF
    Added:
    Nov 25, 2025
    Days on Market:
    201
    Last Refresh:
    May 19 at 9:26 pm

    Property Features for 8-12 Emory Pl

    General Information

    Standard status
    Active
    Size
    12,000 SF
    Lot size
    0.16 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Taylor Thompson
    Taylor Thompson

    Listing agent Taylor Thompson License #369177

    Listing office SVN I Wood Properties

    Listing date Nov 25, 2025

    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 SVN I Wood Properties

    HighLights

    • Rare opportunity to own three contiguous historic buildings.
    • Located in the Emory Place Historic District, a rapidly evolving commercial corridor.
    • Ideal for creative office, retail, gallery, or studio use.
    • Classic brick facades, tall ceilings, and abundant natural light.
    • Suitable for tenant, owner‑occupant, investor, or multi‑use redevelopment.
    • Located in a walkable area on the edge of Downtown Knoxville.

    Overview

    Located in the Emory Place Historic District, this property features three contiguous historic buildings. The district has become a creative, design-driven hub on the edge of Downtown Knoxville. The area is experiencing redevelopment and revitalization, becoming a destination for businesses seeking character, walkability, and community. The properties offer classic brick facades, tall ceilings, and abundant natural light. The total property size is 12000 square feet. These buildings are suitable for creative office, retail, gallery, or studio use. This property provides the chance to own in one of Knoxville’s most rapidly evolving historic commercial corridors. It is ideal for a tenant, owner-occupant, investor, or a multi-use redevelopment vision.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $259.2k $21.60
    − Vacancy −$13.0k −$1.08
    EGI $246.2k $20.52
    − OpEx −$73.9k −$6.16
    NOI $172.4k $14.36
    12,000 SF · lease $21.60/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.46M
    $2.15M – $2.87M (±1% cap)
    NOI $172,368 @ 7.0% cap · market cap 8.62%
    Second Best
    Office B
    $2.27M
    $1.98M – $2.65M (±1% cap)
    NOI $158,760 @ 7.0% cap · market cap 7.94%
    Theoretical Best
    Office A
    $2.97M
    $2.60M – $3.47M (±1% cap)
    NOI $208,051 @ 7.0% cap · market cap 10.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.9224
    Latitude
    35.9743

    FAQs

    What type of property is this?
    Office building - Three contiguous historic buildings in booming Knoxville district.
    Where is this office building located?
    The property is located at 8-12 Emory Pl Knoxville, TN.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Rare opportunity to own three contiguous historic buildings.; Located in the Emory Place Historic District, a rapidly evolving commercial corridor.; Ideal for creative office, retail, gallery, or studio use.
    (423) 440-9450 Call to check price and availability
    More about this property
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