0 Oak Ridge Hwy Knoxville, TN 37931
This exceptional 1.45-acre commercial land parcel presents a unique investment opportunity in the thriving Karns community of Knoxville, Tennessee. Located at 0 Oak Ridge Highway, zip code 37931, this property boasts a highly desirable Commercial A zoning designation, offering a wide range of development possibilities. The site benefits from an existing highway entrance, shared with a recently opened Dollar General store, ensuring convenient access and high visibility. Its strategic location places it directly across the street from the Karns Public Library, providing excellent exposure to a substantial daily foot traffic. Furthermore, the property's adjacency to a Bojangles restaurant further enhances its commercial appeal and potential for synergistic business development. The lot is part of the 7515 Oak Ridge Highway block. While some usage restrictions apply, this prime location offers significant potential for a variety of commercial ventures. The asking price for this exceptional property is $425,000. Don't miss this chance to secure a prominent position in a rapidly growing area. Contact us today to learn more about this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.