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    508 Daniels Ave Knoxville, TN 37917

    Sponsored
    For Lease
    $8 SF/Yr ($4,000 /Mo)

    6,000 SF Warehouse - Prime Location

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 6,000-square-foot warehouse, situated on a 0.26-acre lot (11,548 sq ft), presents a unique opportunity in downtown Knoxville's burgeoning commercial district. Built in 1940, the single-tenant property has undergone recent key improvements, including a new roof and windows, enhancing energy efficiency and structural integrity. Ample parking is available at both the front and rear of the building, providing convenient access for employees and clients. The warehouse boasts large garage doors at both the front and back, facilitating efficient loading and unloading operations, making it ideal for businesses requiring easy access and maneuverability. This versatile space is perfect for a variety of industrial uses and offers a chance to be part of Knoxville's revitalized urban core. The property's location within a rapidly developing neighborhood provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving area. This is a single-tenant industrial property offering a solid foundation for growth and success in a dynamic downtown setting. The combination of recent upgrades, ample parking, and convenient access makes this warehouse a compelling investment opportunity.

    Property Features for 508 Daniels Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Total Rate
    4000

    Building Details

    Year Built
    1940

    Unit(s) available at that property

    Space
    Size
    6,000 SF
    Rate per SF
    $12

    HighLights

    • 6,000 SF industrial warehouse for lease in Downtown Knoxville.
    • Single‑tenant occupancy.
    • 0.26‑acre lot (11,548 SF).
    • Built in 1940, featuring a new roof and windows.
    • Ample front and rear parking, and large front and rear garage doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.925658
    Latitude
    35.9714913

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    FAQs

    What type of property is this?
    Distribution property - 6,000 SF Warehouse - Prime Location
    Where is this distribution property located?
    The property is located at 508 Daniels Ave Knoxville, TN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 6,000 SF industrial warehouse for lease in Downtown Knoxville.; Single-tenant occupancy.; 0.26-acre lot (11,548 SF).
    Request Owner's contact information
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    Knoxville, TN 37917
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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
    508 Daniels Ave Knoxville, TN 37917
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