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Subdividable Multi-Use Office Building
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8537 Asheville Hwy UNIT 104, Knoxville, TN 37924

Masonry multi-use building with sprinkler system and a steel roof, currently used for medical and banking.

Property SizeContact for details
Days on Market123

Property Features for 8537 Asheville Hwy UNIT 104

General Information

Standard status Active
Property subtype Special Purpose

Additional Details

Sprinkler System Yes

Building Details

Tenancy Multi
Listing Agency: United Real Estate Solutions Knoxville
Listed By: Shawn Wilmoth · License #354366
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:40PM

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 United Real Estate Solutions Knoxville

Investment Insights

Based on property information with market context.

This masonry multi-use commercial building features a steel roof system and sprinkler systems installed throughout. The property is subdividable into approximately 4 to 8 units, with multiple tenants currently occupying the building. Showing arrangements can be booked via ShowingTime.

The building is located just minutes from downtown Knoxville and is described as a high-traffic counselors' location, which may support a variety of business uses. Current tenant occupancy reflects a mixed-use configuration including medical and banking.

Available information indicates multiple unit rents, with unit #101 and #105 listed at $1,000 per month, and units #103 and #104 listed at $1,500 per month.

Key Highlights

  • Commercial masonry multi‑use building with sprinkler system and steel roof system
  • Currently used as mixed‑use medical and banking
  • Building is sub‑dividable into 4 to 8 units

Property Analytics

Current Use

BenchMark Physical Therapy Physician East Tn Occupational ... Physician Zachary Rupp Physician Evan Beckman Physician Matthew Cabbage Physician

Suggested Use

Top Pick Auto Parts Store Building Supply Law Firm Garden Center Furniture & Home Goods Restaurant

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

Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby

Demographics for 37924, TN

12,894
Population
6,052
Households
2.1
Avg Household Size
41
Median Age
28%
College-Educated
91%
High-School Grad
27.9 sq mi
ZIP Area
462
Density / Sq Mi
$73,794
Median Household Income
$40,594
Median Earnings
$1,020
Median Rent
$217,300
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 units - Masonry multi-use building with sprinkler system and a steel roof, currently used for medical and banking.
Where is this office units located?
The property is located at 8537 Asheville Hwy UNIT 104 Knoxville, TN.
What are key features of this property?
This property features: Commercial masonry multi‑use building with sprinkler system and steel roof system; Currently used as mixed‑use medical and banking; Building is sub‑dividable into 4 to 8 units
(865) 205-9353 Call to check price and availability
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