1104 Merchant Dr Knoxville, TN 37912
This exceptional 8,444-square-foot executive office building, located at 1104 Merchant Drive in Knoxville, Tennessee, presents a compelling investment opportunity. The Class B property, situated on a 36,116-square-foot lot (APN 068NH007), boasts five individual units, making it ideal for a variety of uses. Completely renovated in 2023, the building features a new roof, updated HVAC system, modernized plumbing and electrical systems, fresh interior and exterior paint, and new flooring throughout. Currently, one 2,098-square-foot unit remains available for lease on the lower level. Its prime location off Clinton Highway at the main intersection of Merchant Drive ensures high visibility and accessibility. Zoned O for office use, this well-maintained property offers ample parking, a spacious and versatile layout, and a modern, professional aesthetic. The property's strong potential for rental income, combined with its desirable location and recent renovations, makes it an attractive investment for office building investors seeking a high-return opportunity in a thriving Knoxville neighborhood. The property's proximity to major amenities and services further enhances its appeal. This is a turnkey opportunity to acquire a high-quality, income-producing asset in a prime Knoxville location.
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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.