Historic Creative
For Sale
Contact for pricing
8-12 Emory Pl, Knoxville, TN 37917
Three connected historic buildings provide brick facades, tall ceilings, and abundant natural light for flexible commercial use.
Property Size11,317 SF
Price / SF$273.92
Days on Market329
Property Features for 8-12 Emory Pl
General Information
Standard status
Active
Size
11,317 SF
Property subtype
OFFICE
Amenities
tall ceilings
abundant natural light
Building Details
Buildings
3
Construction
brick
Listing Agency:
SVN I Wood Properties
(865) 936-9999
Listed By:
Taylor Thompson
(423) 440-9450
Source:
Moodyscre
Added: Nov 20, 2025
Changed: Oct 6
Last Checked: Oct 15 at 1:55AM
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
Investment Insights
Based on property information with market context.
This 11,317-square-foot creative space comprises three contiguous historic buildings at 8-12 Emory Pl. The properties retain classic brick exteriors and offer tall ceilings with abundant natural light, creating a distinctive setting for creative office, retail, gallery, or studio operations.
The property is located within Knoxville’s Emory Place Historic District, on the edge of Downtown Knoxville. The district is described as a design-oriented commercial hub with walkability and an active community setting. Its historic character and multi-building configuration support a range of owner-occupant, tenant, investor, or multi-use concepts expressly identified for the property.
The property is located within Knoxville’s Emory Place Historic District, on the edge of Downtown Knoxville. The district is described as a design-oriented commercial hub with walkability and an active community setting. Its historic character and multi-building configuration support a range of owner-occupant, tenant, investor, or multi-use concepts expressly identified for the property.
Key Highlights
- 11,317‑square‑foot creative space
- Three contiguous historic buildings
- Classic brick facades with tall ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,557
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,251,140
$3.3M
Cap Rate 7%
$2,322,243
$2.3M
Cap Rate 9%
$1,806,189
$1.8M
Market Conditions
NOI Build-Up for 11,317 SF
Gross rent
$244.4K $21.60/SF
− Vacancy
−$12.2K −$1.08/SF
EGI
$232.2K $20.52/SF
− OpEx
−$69.7K −$6.16/SF
NOI
$162.6K $14.36/SF
Area
Knoxville, TN
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,251,140
Cap Rate 7%
$2,322,243
Cap Rate 9%
$1,806,189
Alternative Uses
Best Use
Retail
$2.32M
$2.03M – $2.71M
NOI $162,557 @ 7.0% cap · market cap 5.24%
Second Best
Office B
$2.14M
$1.87M – $2.50M
NOI $149,724 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$2.80M
$2.45M – $3.27M
NOI $196,210 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,617
Businesses Nearby
Explore this area
Business Placement
Demographics for 37917, TN
25,013
Population
14,216
Households
1.8
Avg Household Size
39
Median Age
31%
College-Educated
87%
High-School Grad
9.5 sq mi
ZIP Area
2,633
Density / Sq Mi
$51,232
Median Household Income
$37,853
Median Earnings
$1,063
Median Rent
$189,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Creative space - Three connected historic buildings provide brick facades, tall ceilings, and abundant natural light for flexible commercial use.
Where is this creative space located?
The property is located at 8-12 Emory Pl Knoxville, TN.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 11,317‑square‑foot creative space; Three contiguous historic buildings; Classic brick facades with tall ceilings
