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Flex Property with Two-Bay Garage
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8541 Asheville Hwy, Knoxville, TN 37924

CA-zoned commercial property with multiple work areas, accessory storage, and a paved parking area.

Property SizeContact for details
Lot Size1.52 Acres
Days on Market5

Property Features for 8541 Asheville Hwy

General Information

Standard status Active
Lot size 1.52 Acres
Property subtype INDUSTRIAL
Zoning CA

Site & Location

Road Frontage 578 ft
Traffic Count 21,054 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Land Use commercial

Amenities

main building
two-bay garage
storage building
paved parking
single-wide
Listing Agency: Powell Auction & Realty Co.
Listed By: Kenny Phillips · License #239235
Source: Moodyscre
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 3:14PM

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 Powell Auction & Realty Co.

Investment Insights

Based on property information with market context.

The property includes a main building arranged as three rooms, with three exterior doors. Two connected rooms have a half bathroom, a three-basin stainless sink, and a stainless hand sink; a pass-through window links to the third room. That room has a utility closet and access to a two-bay garage with two roll-up doors measuring 9'9" x 10'. A second half bathroom has its own exterior entrance. An accessory storage building with an attached shelter and a paved parking area are also on site. Part of the cleared lot is being prepared for an older single-wide.

The 1.52+/- acre property has approximately 578 feet of road frontage at the Asheville Highway/11E intersection, about 6 miles from I-40. The 2025 Annual Average Daily Traffic Count at the nearest count location, 47000058, is 21,054. The site is designated CA — General Business Zone.

Key Highlights

  • 1.52+/- acres with approximately 578 feet of road frontage
  • At the Asheville Highway/11E intersection, about 6 miles from I‑40
  • 2025 Annual Average Daily Traffic Count: 21,054 at nearest location 47000058

Property Analytics

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Current Use

4Way Food Park Restaurant

Suggested Use

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

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

21,054 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - CA-zoned commercial property with multiple work areas, accessory storage, and a paved parking area.
Where is this flex space located?
The property is located at 8541 Asheville Hwy Knoxville, TN.
What are key features of this property?
This property features: 1.52+/- acres with approximately 578 feet of road frontage; At the Asheville Highway/11E intersection, about 6 miles from I‑40; 2025 Annual Average Daily Traffic Count: 21,054 at nearest location 47000058
(865) 679-6875 Call to check price and availability
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