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    905 Callahan Dr Knoxville, TN 37912

    For Sale
    $3,495,000

    8,600 SF Auto Dealership, High Traffic Area

    Property size:
    8,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 8,600 square foot auto shop/dealership, built in 2016 and renovated in 2022, sits on a 2.57-acre lot at 905 Callahan Dr, Knoxville, TN 37912. The property boasts three drive-in doors and a second-level private office overlooking the service area. Its prime location just off Interstate 75, with over 26,000 vehicles passing daily, provides exceptional visibility and accessibility. Callahan Drive directly connects the interstate to a Class-A retail corridor anchored by major retailers like Target, Kroger, Home Depot, Lowe's, and Walmart. The surrounding 5-mile radius has a population of 116,482 and an average household income of $65,604. The asking price is $3,495,000 ($441.28/SF), with a 6.86% cap rate. Currently vacant, the property is available for sale

    Property Features for 905 Callahan Dr

    General Information

    Property type
    Automotive properties
    Square Feet
    8,600 SF
    Lot Size
    111,949 SF

    Building Details

    Year Built/Renovated
    2016/2022
    Buildings
    1

    HighLights

    • 8,600 SF building on a 2.57‑acre lot, built in 2016 and renovated in 2022.
    • Three drive‑in doors.
    • High‑visibility location off Interstate 75, directly connecting to a Class‑A retail corridor anchored by major retailers.
    • 5‑mile radius population of 116,482 with an average household income of $65,604.
    • Asking price: $3,495,000 ($441.28/SF), 6.86% cap rate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Viles Automotive Group Car Dealer Knoxville's Auto Plug Motor Vehicle Dealer Viles Family Insurance ... Insurance Agency Viles Automotive Service ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    -84.006228
    Latitude
    36.0204899

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    FAQs

    What type of property is this?
    Automotive property - 8,600 SF Auto Dealership, High Traffic Area
    Where is this automotive property located?
    The property is located at 905 Callahan Dr Knoxville, TN.
    What is the asking price?
    The asking price for this property is $3,495,000.
    What are key features of this property?
    This property features: 8,600 SF building on a 2.57-acre lot, built in 2016 and renovated in 2022.; Three drive-in doors.; High-visibility location off Interstate 75, directly connecting to a Class-A retail corridor anchored by major retailers.
    Request Owner's contact information
    905 Callahan Dr 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
    905 Callahan Dr Knoxville, TN 37912
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