4903 Strawberry Plains Pike Knoxville, TN 37914
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.
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Olde Virden’s Tennessee Pepper Co. Big Box & Wholesale Store Grocery & Convenience Store
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.