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    Knoxville, TN
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    Knoxville, TN Mixed-use Properties for Sale

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    Prime Redevelopment Opportunity in Knoxville
    Updated: Apr 15, 2024
    Prime Redevelopment Opportunity in Knoxville

    1013 N Central St, Knoxville, TN 37917

    $3,500,000
    29,874 sqft 1.06 AC lot
    1.061‑acre property with unparalleled downtown and Smoky Mountain views.
    Prime location in the heart of Old North, offering a front‑row seat to Downtown Knoxville's growth.
    Redevelopment opportunity with potential to become a flagship property for Knoxville.
    Two parcels offering flexibility in development strategy.
    In‑place zoning allows for 70’ heights and no limit on unit density (with suitable parking).
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    This listing looks promising.

    Here's a quick look at some key insights for

    1013 N Central St, Knoxville, TN 37917

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $268K
      Annual

    • Price @ 7% Cap

      $3.83M
      Above asking

    • Property Type

      Professional Building
      Built 1940
    View Property Analytics
    Knoxville Mixed-Use Investment Opportunity
    Updated: Jul 26, 2023
    Knoxville Mixed-Use Investment Opportunity

    1501 White Ave, Knoxville, TN 37916

    $4,700,000
    12,450 sqft
    Rare investment opportunity near the University of Tennessee.
    Located one block from Cumberland Ave.
    Surrounded by student housing.
    Two‑story commercial property shell.
    Potential for building additional commercial or residential floors (pending zoning/permitting).
    View details
    Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 2 Active listings in Knoxville, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    High Visibility Commercial Space
    High Visibility Commercial Space

    1400 Decatur Pike, Athens, TN 37303

    $385,000
    2,130 sqft 0.36 AC lot

    Adaptable commercial space with apartment in Athens, Tennessee.

    View details
    Remodeled Multi-Use Warehouse Opportunity
    Remodeled Multi-Use Warehouse Opportunity

    105 E Main Street, Englewood, TN 37329

    $350,000
    3,040 sqft 0.10 AC lot

    Remodeled 3040 sq ft warehouse suitable for various commercial ventures.

    View details
    Remodeled Mixed-Use Warehouse with Potential
    Remodeled Mixed-Use Warehouse with Potential

    105 E Main Street, Englewood, TN 37329

    $350,000
    3,040 sqft

    Meticulously remodeled warehouse suitable for various commercial ventures.

    View details
    Downtown Athens Income Property
    Downtown Athens Income Property

    205/207 E Washington Ave, Athens, TN 37303

    $650,000
    0.08 AC lot

    Mixed-use property with high income potential in downtown Athens.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Knoxville Land with Development Potential
    Knoxville Land with Development Potential

    Keck Rd, Knoxville, TN 37912

    $349,900
    1.16 AC lot

    1.159-acre lot with mixed-use zoning near downtown Knoxville.

    View details
    Corner Lot Commercial Development Site
    Corner Lot Commercial Development Site

    7402 Pelleaux Rd, Knoxville, TN 37938

    $299,900
    1.48 AC lot

    A 1.48-acre corner lot with substantial road frontage, on-site utilities, and access to I-75 for development planning.

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    Prime Corner Lot in Knoxville
    Prime Corner Lot in Knoxville

    Ball Camp Pike, Knoxville, TN 37931

    $475,000
    4.28 AC lot

    4.28-acre corner lot with high visibility and development potential.

    View details
    Seymour Commercial Land For Sale
    Seymour Commercial Land For Sale

    11730 Chapman Highway, Seymour, TN 37865

    $599,000
    43,995 sqft 1.01 AC lot

    1.01 acre commercial parcel in growing Seymour, Tennessee.

    View details

    Off-Market Properties in Knoxville, TN

    Consider similar Off-Market properties in Knoxville, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    815 Herron Rd
    STORE/OFFICE (MIXED USE)

    815 Herron Rd, Knoxville, TN 37932-3134

    $14,105,000
    Estimated value
    6,040 sqft
    View details
    822 Sevier Ave
    STORE/OFFICE (MIXED USE)

    822 Sevier Ave, Knoxville, TN 37920-1861

    Value Estimation by Request
    8,400 sqft 0.17 AC lot
    View details
    215 Ctr Park Dr
    STORE/OFFICE (MIXED USE)

    215 Ctr Park Dr, Knoxville, TN 37922-2116

    Value Estimation by Request
    37,645 sqft 2.64 AC lot
    View details
    609 Cedar Ln
    STORE/OFFICE (MIXED USE)

    609 Cedar Ln, Knoxville, TN 37912-3606

    Value Estimation by Request
    9,448 sqft 2.20 AC lot
    View details
    120 Ctr Park Dr
    STORE/OFFICE (MIXED USE)

    120 Ctr Park Dr, Knoxville, TN 37922-2117

    Value Estimation by Request
    16,200 sqft 1.47 AC lot
    View details
    5266 National Dr
    STORE/OFFICE (MIXED USE)

    5266 National Dr, Knoxville, TN 37914

    Value Estimation by Request
    10,092 sqft 3.21 AC lot
    View details
    205 Jackson Ave
    STORE/OFFICE (MIXED USE)

    205 Jackson Ave, Knoxville, TN 37902-1018

    Value Estimation by Request
    19,968 sqft 1.13 AC lot
    View details
    4666 Walker Blvd
    STORE/OFFICE (MIXED USE)

    4666 Walker Blvd, Knoxville, TN 37918-1721

    Value Estimation by Request
    3,800 sqft 0.24 AC lot
    View details
    7410 Maynardville Pike
    STORE/OFFICE (MIXED USE)

    7410 Maynardville Pike, Knoxville, TN 37938-3719

    Value Estimation by Request
    4,930 sqft 0.41 AC lot
    View details
    8705 Unicorn Dr
    STORE/OFFICE (MIXED USE)

    8705 Unicorn Dr, Knoxville, TN 37923-5115

    Value Estimation by Request
    39,200 sqft 4.95 AC lot
    View details
    211 Ctr Park Dr
    STORE/OFFICE (MIXED USE)

    211 Ctr Park Dr, Knoxville, TN 37922-2178

    Value Estimation by Request
    38,000 sqft 8.42 AC lot
    View details
    2815 Rennoc Rd, Unit 1
    STORE/OFFICE (MIXED USE)

    2815 Rennoc Rd, Knoxville, TN 37918-1812

    Unit 1
    Value Estimation by Request
    5,040 sqft 0.39 AC lot
    View details
    4903 Strawberry Plains Pike
    Individual retail properties

    4903 Strawberry Plains Pike, Knoxville, TN 37914

    Value Estimation by Request
    2,400 sqft 0.38 AC lot
    View details
    6308 Chapman Hwy
    Mixed-use properties

    6308 Chapman Hwy, Knoxville, TN 37920

    Value Estimation by Request
    7,832 sqft 0.80 AC lot
    View details
    305 Callahan Dr
    Self storage facilities

    305 Callahan Dr, Knoxville, TN 37912

    Value Estimation by Request
    520,978 sqft
    View details
    1013 Central St
    Multifamily properties

    1013 Central St, Knoxville, TN 37917

    Value Estimation by Request
    29,874 sqft 1.06 AC lot
    View details
    7044 Maynardville Pike
    STORE/OFFICE (MIXED USE)

    7044 Maynardville Pike, Knoxville, TN 37918-5736

    Value Estimation by Request
    6,177 sqft 1.59 AC lot
    View details
    8901 Linksvue Dr
    STORE/OFFICE (MIXED USE)

    8901 Linksvue Dr, Knoxville, TN 37922-5254

    Value Estimation by Request
    16,864 sqft 1.61 AC lot
    View details

    Knoxville, TN Mixed-Use Properties Market Trends and Statistics

    Explore 20 mixed-use properties for sale in Knoxville, TN on our real estate platform. These investment opportunities span a total of 42,324 square feet of properties for sale, with an estimated market value of $8,200,000.

    Sale prices for multi use buildings in Knoxville, TN start at $3,500,000, averaging $4,100,000, and reaching up to $4,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Live-work space 1
    Residential offices 1

    Demographics Overview

    Population 443K
    Population Growth (5Y) +8.2%
    Median Household Income $75,913
    College Educated 31.8%

    High-Yield Neighborhoods for Investment

    Identify Knoxville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37917 $3.5M
    37916 $4.7M

    Taxes & Financing

    Tax Rate (average for all types) 2.87%
    Property Tax per SF $35.10 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Knox County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Knoxville fall within the 100,000+ square foot range.

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