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    305 Callahan Dr Knoxville, TN 37912

    For Sale
    $3,900,000

    High-traffic, 11.96-acre commercial site.

    Property size:
    520,978 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 11.96-acre commercial property, located at 305 Callahan Dr. in Knoxville, Tennessee (zip code 37912), presents a rare investment opportunity. Situated just off I-75 Exit 110 (Callahan Dr.), this site boasts unparalleled visibility and accessibility, benefiting from high traffic counts. The property features C-H-2 & AG zoning, allowing for a diverse range of development options. Approximately 3.5 acres are potentially ready for immediate development, thanks to recent grading and an existing concrete pad. This makes it ideal for various uses, including hospitality, retail, automotive, warehouse, office, or flex space. The property's total square footage is 520,978 square feet, with an asking price of $3,900,000 ($7.49 per square foot). Utilities are conveniently located on-site or at the roadside. The property's APN is 057PB005. The site is currently vacant, offering immediate development potential. All information should be independently verified by the buyer. This prime location, combined with its size and existing infrastructure, makes this a truly unique opportunity for significant commercial development. Don't miss out on this chance to secure a high-visibility location with excellent interstate access.

    Property Features for 305 Callahan Dr

    General Information

    Property type
    Self storage facilities
    Square Feet
    520,978 SF

    HighLights

    • $3,900,000 asking price.
    • 11.96 acres of prime commercial land in Knoxville, TN.
    • High visibility location off I‑75 Exit 110 (Callahan Dr.).
    • C‑H‑2 & AG zoning.
    • Approximately 3.5 acres potentially ready for immediate development.
    • Utilities on‑site or at the road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage 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
    -83.999558710438
    Latitude
    36.024442074749

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    FAQs

    What type of property is this?
    Self storage facility - High-traffic, 11.96-acre commercial site.
    Where is this self storage facility located?
    The property is located at 305 Callahan Dr Knoxville, TN.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: $3,900,000 asking price.; 11.96 acres of prime commercial land in Knoxville, TN.; High visibility location off I-75 Exit 110 (Callahan Dr.).
    Request Owner's contact information
    305 Callahan Dr Knoxville, TN 37912
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    Knoxville, TN 37912
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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
    305 Callahan Dr Knoxville, TN 37912
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