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    2904 Knoxville Center Dr Knoxville, TN 37924

    Sponsored
    For Sale
    $1,750,000

    Prime QSR location, high traffic area, updated facilities.

    Property size:
    3,094 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 3,094 square foot Class A quick-service restaurant presents a lucrative investment opportunity in Knoxville, Tennessee. Located at 2904 Knoxville Center Dr, 37924, this single-story, freestanding building sits on a sizable 43,191 square foot lot (APN: 059LB004) and is zoned C-R-2. Originally constructed in 1994 and extensively renovated in 2022, the property boasts a fully operational drive-thru, a significant advantage for maximizing customer convenience and sales. The interior features updated tile work, modern countertops, and contemporary lighting, complemented by a fully equipped kitchen and ample dining space. Landscaped grounds and an enclosed dumpster corral enhance the property's curb appeal and functionality. Abundant parking caters to the anticipated high volume of customers. The property's strategic location directly across from a new Amazon fulfillment center, which is projected to employ over 1,500 people initially, with an additional 1,000 seasonal hires, promises exceptional growth potential. This prime location is ideal for capturing both lunch and dinner traffic, making it an attractive proposition for a variety of quick-service restaurant concepts. The asking price is $1,750,000.

    Property Features for 2904 Knoxville Center Dr

    General Information

    Property type
    Restaurants
    Square Feet
    3,094 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1994/2022
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 3,094 SF Class A quick‑service restaurant in Knoxville, TN.
    • Located at 2904 Knoxville Center Dr, 37924, on a 43,191 SF lot (APN: 059LB004), C‑R‑2 zoning.
    • Freestanding, single‑story building with a drive‑thru, renovated in 2022.
    • Features updated interior, fully equipped kitchen, ample parking, and landscaped grounds.
    • Prime location across from a new Amazon fulfillment center, offering high growth potential. Asking price: $1,750,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Don Chuy's Fresh ... Mexican 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
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.8769795
    Latitude
    36.0315301

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    FAQs

    What type of property is this?
    Restaurant - Prime QSR location, high traffic area, updated facilities.
    Where is this restaurant located?
    The property is located at 2904 Knoxville Center Dr Knoxville, TN.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 3,094 SF Class A quick-service restaurant in Knoxville, TN.; Located at 2904 Knoxville Center Dr, 37924, on a 43,191 SF lot (APN: 059LB004), C-R-2 zoning.; Freestanding, single-story building with a drive-thru, renovated in 2022.
    (513) 315-7694
    Request Owner's contact information
    2904 Knoxville Center Dr Knoxville, TN 37924
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    Knoxville, TN 37924
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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
    2904 Knoxville Center Dr Knoxville, TN 37924
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