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    2001 Chapman Hwy Knoxville, TN 37920

    Sponsored
    For Lease
    Contact for pricing

    High-traffic corner lot, excellent visibility.

    Lot size:
    19,166 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional commercial land parcel, located at 2001 Chapman Highway in Knoxville, Tennessee (zip code 37920), presents a unique investment opportunity. Situated on a prime corner where Chapman Highway intersects with Sevier Avenue, this single-tenant property boasts unparalleled visibility and accessibility. The 0-acre lot benefits from its strategic location at the gateway to significant new developments in South Knoxville. This translates to high foot traffic and excellent exposure for any commercial venture. The property's proximity to thriving areas further enhances its appeal. Within walking distance, one finds the South Waterfront apartments, the Kerns Bakery development, and a cluster of popular fast-food restaurants, ensuring a constant flow of potential customers. The current land lease rate stands at $2800 per month, offering a strong potential return on investment. This property is ideal for businesses seeking high visibility and a location within a rapidly growing commercial district. The coordinates are 35.953795395083446 latitude and -83.91676923536721 longitude. This is a rare opportunity to secure a foothold in one of Knoxville's most dynamic commercial areas.

    Property Features for 2001 Chapman Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,166 SF

    Unit(s) available at that property

    Space
    Size
    19,166 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.916769235367
    Latitude
    35.953795395083

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, excellent visibility.
    Where is this land located?
    The property is located at 2001 Chapman Hwy Knoxville, TN.
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    2001 Chapman Hwy Knoxville, TN 37920
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    Knoxville, TN 37920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2001 Chapman Hwy Knoxville, TN 37920
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