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    7535 Conner Rd Powell, TN 37849

    Sponsored
    For Sale
    $2,450,000

    Fully equipped restaurant, prime location, high traffic.

    Property size:
    5,874 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,874 square foot Class A restaurant is available for $2,450,000. Located at 7535 Conner Rd in Powell, Tennessee (zip code 37849), this single-tenant property sits on a 2.14-acre lot and boasts 98 parking spaces. Built in 1997, the one-story building is zoned C-R-2 and offers a turnkey operation, complete with all tables, chairs, bar equipment, kitchen equipment, and flat screens. The property enjoys a high-traffic, high-visibility location just off I-75, making it ideal for a variety of uses, including a brewery, eatery, or even medical facility. The asking price is $442.62 per square foot. Owner financing is available at 5%. The property features a single building and is listed as a retail property with a restaurant subtype. The legal description is APN 047OB009. This is a NNN lease.

    Property Features for 7535 Conner Rd

    General Information

    Property type
    Restaurants
    Square Feet
    5,874 SF
    Class
    A
    Lot Size
    93,218 SF

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    1

    HighLights

    • Retail‑Commercial Property for Sale: Restaurant/Bar in Powell, TN
    • Restaurant/Bar for Sale: Turnkey operation with all equipment included.
    • 5,874 SF Building on 2.14‑acre lot with 98 parking spaces.
    • $2,450,000 asking price; $442.62/SF.
    • Owner financing available at 5%.
    Property Profile Location Intelligence

    Current Use by Public Records

    Los Braceros Mexican ... Mexican Restaurant VACANT Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Powell
    County
    Knox
    State
    Tennessee
    Longitude
    -83.999431
    Latitude
    36.0509117

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped restaurant, prime location, high traffic.
    Where is this restaurant located?
    The property is located at 7535 Conner Rd Powell, TN.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: Retail-Commercial Property for Sale: Restaurant/Bar in Powell, TN; Restaurant/Bar for Sale: Turnkey operation with all equipment included.; 5,874 SF Building on 2.14-acre lot with 98 parking spaces.
    Request Owner's contact information
    7535 Conner Rd Powell, TN 37849
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    Powell, TN 37849
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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
    7535 Conner Rd Powell, TN 37849
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