Storefront Property with Two-Bay
New
For Sale
Contact for pricing
8541 Asheville Hwy, Knoxville, TN 37924
Commercial Sale, Knoxville, TN
Property Size2,457 SF
Lot Size1.52 Acres
Days on Market5
Property Features for 8541 Asheville Hwy
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
CA
Parking
20
Directions
From I-40, take exit 394. Head east on Asheville Highway toward Jefferson City. The property will be on the left right before the Asheville Highway/11E split.
Subdivision
Knox County - 1
Special listing conditions
Auction
Standard status
Active
APN
062 209
Size
2,457 SF
Lot size
1.52 Acres
Taxes and HOA fees
Tax Annual Amount
1506
Utilities
Heating system
Electric (Heating), Central
Cooling system
Window Unit(s), Central Air
Water source
Public
Building Details
Floors in Building
1
Listing Agency:
Powell Auction & Realty,LLC
(865) 938-3403
Listed By:
Kenny Phillips · License #239235
(865) 679-6875
Added: Sep 23
Last Checked: Sep 27 at 12:06PM
MLS# 1356515
Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,457-square-foot storefront property occupies 1.52+/- acres and includes a main building, two-bay garage, accessory storage building, attached shelter, and paved parking area. The main building is arranged across three rooms with three exterior doors. Two connected rooms include a half bathroom, three-basin stainless sink, and stainless hand sink, while a pass-through window connects to the third room. The third room includes a utility closet and direct access to the garage, which has two 9'9" x 10' rollup doors. A separate half bathroom has its own exterior entrance.
The property fronts approximately 578 feet along Asheville Highway at the 11E intersection in Knoxville. The site is designated CA — General Business Zone and recorded 2025 Annual Average Daily Traffic Counts of 21,054 at the nearest traffic count location, 47000058. It is approximately 6 miles from I-40 and has public water. An older single-wide is being set up on the cleared portion of the lot; its condition and permitted use should be independently verified.
The property fronts approximately 578 feet along Asheville Highway at the 11E intersection in Knoxville. The site is designated CA — General Business Zone and recorded 2025 Annual Average Daily Traffic Counts of 21,054 at the nearest traffic count location, 47000058. It is approximately 6 miles from I-40 and has public water. An older single-wide is being set up on the cleared portion of the lot; its condition and permitted use should be independently verified.
Key Highlights
- 1.52+/- acres with approximately 578 feet of road frontage
- 2,457‑square‑foot main building with three rooms and three exterior doors
- Two‑bay garage with two 9'9" x 10' rollup doors
Property Analytics
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Current Use
Lease Details
21,054 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 81%
Dining 19%
Dollar General
Shops & Services
5,773 visits/mo
0.3 miles
Pizza Plus
Dining
1,380 visits/mo
0.3 miles
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
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Market
Vacancy Rate% for Retail in Knoxville, TN
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Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial layout with connected rooms, garage access, storage, and paved parking in a CA-zoned corridor.
Where is this storefront property 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; 2,457‑square‑foot main building with three rooms and three exterior doors; Two‑bay garage with two 9'9" x 10' rollup doors
