7521 Oak Ridge Hwy Knoxville, TN 37931
This exceptional .90-acre commercial lot, situated at 7521 Oak Ridge Highway in Knoxville, Tennessee, presents a remarkable investment opportunity. Zoned CA, this property boasts an impressive 127-foot width and a depth of approximately 301 feet, offering ample space for development. The lot is conveniently located on the west side of a gravel driveway, sharing access with the Padgett Hills Subdivision. Benefitting from a high traffic count of over 16,000 vehicles daily, this location is ideal for a variety of commercial uses, including office or retail spaces. A new Dollar General store is a neighboring business, further enhancing the area's commercial viability. Utilities are readily accessible, with a KUB natural gas line running along the gravel driveway. While some restrictions apply (details available upon request), this property's prime location and significant size make it an attractive proposition for discerning investors. The asking price for this exceptional property is $325,000. The property's zip code is 37931, and it is located in Knox County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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