Parking & Garage

Knoxville, TN Parking Lots & Garages for Sale

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Premier Development Site in Knoxville
Updated: May 11
Premier Development Site in Knoxville

115 E Jackson Ave, Knoxville, TN 37915

$5,900,000
0.41 AC lot
High Current Net Operating Income (NOI) of $240,000/year from a fully operational parking lot.
Rare 'covered land play' asset that generates income while development plans are created.
Located in the DK‑W (Downtown Warehouse) subdistrict with no maximum building height restrictions.
Prime location in Knoxville's historic Old City, offering high foot traffic and development potential.
Zoning allows for a high‑rise mixed‑use tower with flexibility for retail, office, and entertainment integration.
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Knoxville, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Renovated Warehouse Assemblage
Renovated Warehouse Assemblage

115 Hill St, SE, Cleveland, TN 37311

$499,000
1,640 sqft 0.49 AC lot

Three-parcel commercial property combines an updated warehouse, secured vehicle-storage yard, and improved development site near downtown Cleveland.

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Commercial Property on Corner Lot
Commercial Property on Corner Lot

632 Inman Street, E, Cleveland, TN 37311

$499,900
2,536 sqft 0.82 AC lot

Commercial property with high exposure and multiple uses.

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Ground-Level Flex Space
Ground-Level Flex Space

39 N Lexington Ave Unit 5, Asheville, NC 28801

$432,400

The condo is configured for parking and storage, with both street-facing and interior building access.

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Asheville Parking Garage For Sale
Asheville Parking Garage For Sale

39 N Lexington Avenue N, Asheville, NC 28801

Contact for pricing

Parking garage located in Asheville, North Carolina available for purchase.

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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.

3606 Western Ave
PARKING LOT

3606 Western Ave, Knoxville, TN 37921-1636

Estimated value:
$1,100,000
0.30 AC lot
View details
20 1st St
PARKING LOT

20 1st St, Knoxville, TN 37921

Estimated value:
$450,000
0.04 AC lot
View details
2415 University Cmns Way
PARKING GARAGE, PARKING STRUCTURE

2415 University Cmns Way, Knoxville, TN 37919

Estimated value:
$665,000
207,067 sqft 11.79 AC lot
View details
817 Kermit Dr
PARKING LOT

817 Kermit Dr, Knoxville, TN 37912

Estimated value:
$1,300,000
0.51 AC lot
View details
131 Quincy Ave
PARKING LOT

131 Quincy Ave, Knoxville, TN 37917-5230

Estimated value:
$420,000
2.77 AC lot
View details
3802 Neal Dr
PARKING LOT

3802 Neal Dr, Knoxville, TN 37918

Estimated value:
$1,395,000
1.87 AC lot
View details
822 Maplehurst Ct
PARKING LOT

822 Maplehurst Ct, Knoxville, TN 37902-3124

Estimated value: by Request
1,536 sqft 0.02 AC lot
View details
314 Un Ave
PARKING LOT

314 Un Ave, Knoxville, TN 37902

Estimated value:
$305,000
0.16 AC lot
View details
1600 Grand Ave
PARKING LOT

1600 Grand Ave, Knoxville, TN 37916

Estimated value:
$3,100,000
0.10 AC lot
View details
1604 Grand Ave
PARKING LOT

1604 Grand Ave, Knoxville, TN 37916

Estimated value:
$3,100,000
0.08 AC lot
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1608 Grand Ave
PARKING LOT

1608 Grand Ave, Knoxville, TN 37916

Estimated value:
$310,000
0.53 AC lot
View details
16th St
PARKING LOT

16th St, Knoxville, TN 37916

Estimated value:
$3,100,000
0.09 AC lot
View details
634 Walnut St
PARKING LOT

634 Walnut St, Knoxville, TN 37902

Estimated value:
$7,560,000
0.09 AC lot
View details
409 Church Ave
PARKING LOT

409 Church Ave, Knoxville, TN 37902

Estimated value:
$7,560,000
1.38 AC lot
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421 Church Ave
PARKING LOT

421 Church Ave, Knoxville, TN 37902

Estimated value:
$7,560,000
0.09 AC lot
View details
1805 Lk Ave
PARKING LOT

1805 Lk Ave, Knoxville, TN 37916

Estimated value:
$595,000
9,500 sqft 0.32 AC lot
View details
2503 Central St
PARKING LOT

2503 Central St, Knoxville, TN 37917

Estimated value:
$550,000
0.17 AC lot
View details
521 Central St
PARKING LOT

521 Central St, Knoxville, TN 37917

Estimated value:
$250,000
0.12 AC lot
View details
16th St
PARKING LOT

16th St, Knoxville, TN 37916

Estimated value:
$37,750,000
0.16 AC lot
View details
420 Highland Dr
PARKING LOT

420 Highland Dr, Knoxville, TN 37912-3653

Estimated value:
$500,000
0.18 AC lot
View details
2932 Magnolia Ave
PARKING LOT

2932 Magnolia Ave, Knoxville, TN 37914-4515

Estimated value: by Request
1,621 sqft 0.19 AC lot
View details

Knoxville, TN Parking Lots & Garages Market Trends and Statistics

Explore 72 parking lots & garages for sale in Knoxville, TN on our real estate platform.

Sale prices for parking garages in Knoxville, TN average $5,900,000 — 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

Land 283
Office Spaces 169
Residential land & home lots 167
Retail properties & Spaces 103
Office Units 98

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
37915 $5.9M

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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