You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

8608 Asheville Hwy Knoxville, TN 37924

3.07 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.07-acre commercial property in Knoxville, Tennessee, presents a unique investment opportunity. Located at 8608 Asheville Highway, zip code 37924, this land boasts a strategic location near the Andrew Johnson Highway intersection and in close proximity to a Kub Power substation. The property features a split zoning designation: Commercial (CA) zoning at the front and Agricultural (Ag) zoning at the rear, offering flexibility for diverse development plans. All utilities are available at the lot line, except for gas. A significant existing structure, a 13,816 square foot restaurant building, is included in the sale. The property is being sold "as is" for land value, representing a compelling opportunity for developers and investors seeking a prime location with potential for various commercial uses. The property's address is fully verified as 8608 Asheville Hwy, Knoxville, Knox County, Tennessee. This location offers excellent visibility and accessibility, making it an ideal site for a range of commercial ventures. The existing restaurant building could be renovated, repurposed, or demolished to accommodate a new development, depending on the buyer's vision. This is a rare chance to acquire a substantial parcel of land in a high-growth area of Knoxville.

Property profile
Verified
Property type Land
Lot 3.07 ac (133,729 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8608 Asheville Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message