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    Strawberry Plains Pike Knoxville, TN 37914

    For Sale
    Contact for pricing

    ±37 Acres, High-Traffic Location, Excellent Demographics

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land offering, known as Lord Commercial Park, presents a unique investment opportunity in Knoxville, Tennessee. Comprising approximately 37 acres, this property is zoned C-6, providing significant flexibility for development. Strategically located on Strawberry Plains Pike in Knox County, zip code 37914, the site boasts unparalleled visibility and accessibility. Its proximity to the I-40 interchange (100,729 daily traffic count) and 25W (20,381 daily traffic count) ensures high traffic volume, maximizing exposure for any commercial venture. The land is adjacent to Universal at Strawberry Plains, a new 348-unit apartment complex, creating a built-in customer base. Nearby established retail businesses include Dollar Tree, Holiday Inn Express, Wendy's, Arby's, McDonald's, and Waffle House, further enhancing the area's commercial appeal. Strong demographics support the potential for success: within a 3-mile radius, the population is 9,193 with an average household income of $74,474

    Property Features for 0 Strawberry Plains Pike

    General Information

    Property type
    Land
    Lot Size
    65,340 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.7808463
    Latitude
    35.9980603

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    FAQs

    What type of property is this?
    Land - ±37 Acres, High-Traffic Location, Excellent Demographics
    Where is this land located?
    The property is located at Strawberry Plains Pike Knoxville, TN.
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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
    Strawberry Plains Pike Knoxville, TN 37914
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