Franklin Square Office
9724 Kingston Pike #406 Knoxville, TN 37922
9724 Kingston Pike #406, Knoxville, TN, 37922
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For Sale
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Office condo with ample parking and convenient accessibility in a professional office environment.
Property Size1,576 SF
Price / SF$317.26
Days on Market49
Property Features for 9724 Kingston Pike #406
General Information
- Standard status
- Active
- Size
- 1,576 SF
- Property subtype
- OFFICE
Listing Agency
Connell Properties, Inc.
(865) 742-4631
Listed by
Andrew C Clemmons
(865) 742-4631
Source
Moodyscre
Added: Jun 3 Updated: Jul 10 at 1:49 pm Checked: Jul 15 at 2:49 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Connell Properties, Inc.
Investment Insights
Based on property information with market context.
This Franklin Square office condo offers an owner-user or investor option in a compact, purpose-built office setting. The offering is identified as an office unit/space and is presented for sale as a condominium-style asset.
The property is located on Kingston Pike, a premier access-oriented corridor. The description notes abundant parking and excellent accessibility, supporting convenient visits for staff, clients, and business partners.
For tenants, buyers, or owner-users seeking a manageable office footprint with dedicated condo ownership, this unit provides a straightforward path to occupy or hold in a professional office environment. The combination of an accessible roadway location and ample parking can be practical for day-to-day operations and regular client access.
The property is located on Kingston Pike, a premier access-oriented corridor. The description notes abundant parking and excellent accessibility, supporting convenient visits for staff, clients, and business partners.
For tenants, buyers, or owner-users seeking a manageable office footprint with dedicated condo ownership, this unit provides a straightforward path to occupy or hold in a professional office environment. The combination of an accessible roadway location and ample parking can be practical for day-to-day operations and regular client access.
Key Highlights
- Franklin Square office condo for sale
- Premier Kingston Pike location
- Ample on‑site parking
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.1k | $21.00 |
| − Vacancy | −$5.3k | −$3.36 |
| EGI | $27.8k | $17.64 |
| − OpEx | −$7.0k | −$4.41 |
| NOI | $20.9k | $13.23 |
1,576 SF · lease $21.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$297.9K
$260.6K – $347.5K
NOI $20,850 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.3K
$341.6K – $455.4K
NOI $27,324 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Union Home Mortgage
Loan Service
Ragone Wealth Management ...
Financial Advisor
Symmetry Information Systems
(Bike/Boat/Book/etc) Store
Honey Christina DDS
Dental Office
The Nalls Sherbakoff Group, ...
Financial Advisor
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FAQs
What type of property is this?
Office units - Office condo with ample parking and convenient accessibility in a professional office environment.
Where is this office units located?
The property is located at 9724 Kingston Pike #406 Knoxville, TN.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Franklin Square office condo for sale; Premier Kingston Pike location; Ample on‑site parking