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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

4903 Strawberry Plains Pike Knoxville, TN 37914

2,400 SF 0.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional two-story mixed-use property in Knoxville, Tennessee, presents a lucrative investment opportunity. Located at 4903 Strawberry Plains Pike, 37914, this 0.38-acre lot boasts a building size ranging from 2,400 to 2,700 square feet, currently configured as a convenience store and grocery store with storefront access. The property features two units, ideal for a variety of retail and/or restaurant uses. Its prime location offers high visibility and significant drive-by traffic, making it an attractive proposition for entrepreneurs seeking a thriving business environment. The asking price is $316,000, with a compelling 7.25% capitalization rate. This property is conveniently situated a short distance from Downtown Knoxville, tapping into a market eager for new retail and restaurant options. The property's versatility and strong location make it a highly desirable investment, promising substantial returns. Serious inquiries are encouraged to explore this exceptional opportunity to acquire a well-positioned mixed-use property in a rapidly growing area. The property is zoned for mixed-use development, offering flexibility for future expansion or adaptation to changing market demands. This is a rare chance to secure a high-yield investment in a prime Knoxville location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,400 SF
Lot 0.38 ac (16,553 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
Current use
Occupant on record · Public records
  • Olde Virden’s Tennessee Pepper Co. Big Box & Wholesale Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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