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    Centerpoint Blvd Knoxville, TN 37932

    For Sale
    $429,000

    4.29 acres commercial land in Knoxville, TN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4.292-acre commercial land parcel presents a rare development opportunity in Knoxville, Tennessee. Located off Pellissippi Parkway, north of I-40/75, this property enjoys a prime location within the thriving Centerpoint Business Park. The park is home to established and reputable businesses including Covenant Health, TVA Credit Union, CUPA-HR, and DesignSensory, indicating a strong and stable business environment. The site benefits from exceptional demographics, situated near the University of Tennessee (28,000+ students) and Pellissippi State Community College (11,000+ students), both within a short drive. This strategic location offers access to a large and diverse potential customer base. The asking price for this highly sought-after West Knoxville land is $429,000. This represents a unique chance to capitalize on the continued growth and development in this high-demand area. The property's address is Centerpoint Blvd, Knoxville, TN 37932, within Knox County. This is a truly rare opportunity to acquire developable land in a central location within Knoxville's expanding commercial sector. Don't miss this chance to secure a prime piece of real estate in a rapidly growing market.

    Property Features for 0 Centerpoint Blvd

    General Information

    Property type
    Land
    Lot Size
    186,960 SF

    HighLights

    • 4.29‑acre commercial land parcel in Knoxville's Centerpoint Business Park.
    • Prime location off Pellissippi Parkway, near I‑40/75.
    • Strong demographics; near UT and Pellissippi State.
    • $429,000 asking price for this rare developable West Knoxville land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -84.1484546
    Latitude
    35.9348274

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    FAQs

    What type of property is this?
    Land - 4.29 acres commercial land in Knoxville, TN
    Where is this land located?
    The property is located at Centerpoint Blvd Knoxville, TN.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: 4.29-acre commercial land parcel in Knoxville's Centerpoint Business Park.; Prime location off Pellissippi Parkway, near I-40/75.; Strong demographics; near UT and Pellissippi State.
    (865) 777-0202
    Request Owner's contact information
    Centerpoint Blvd Knoxville, TN 37932
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    Knoxville, TN 37932
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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
    Centerpoint Blvd Knoxville, TN 37932
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