305 Callahan Dr Knoxville, TN 37912
This exceptional 11.96-acre commercial property, located at 305 Callahan Dr. in Knoxville, Tennessee (zip code 37912), presents a rare investment opportunity. Situated just off I-75 Exit 110 (Callahan Dr.), this site boasts unparalleled visibility and accessibility, benefiting from high traffic counts. The property features C-H-2 & AG zoning, allowing for a diverse range of development options. Approximately 3.5 acres are potentially ready for immediate development, thanks to recent grading and an existing concrete pad. This makes it ideal for various uses, including hospitality, retail, automotive, warehouse, office, or flex space. The property's total square footage is 520,978 square feet, with an asking price of $3,900,000 ($7.49 per square foot). Utilities are conveniently located on-site or at the roadside. The property's APN is 057PB005. The site is currently vacant, offering immediate development potential. All information should be independently verified by the buyer. This prime location, combined with its size and existing infrastructure, makes this a truly unique opportunity for significant commercial development. Don't miss out on this chance to secure a high-visibility location with excellent interstate access.
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.