4028 Papermill Dr Knoxville, TN 37909
This exceptional investment opportunity presents a fully leased, Class B office building situated in the desirable Bearden submarket. The Papermill Center, located at an address intersecting Hollywood Street, comprises a single, one-story building totaling 36,500 square feet. Constructed in 1981, this property boasts a strong tenancy with multiple occupants, resulting in 0 vacant square footage. The zoning designation is I-MU, and the Assessor's Parcel Number (APN) is 107CF 018. Ample parking is available with 110 spaces provided for tenants and visitors. The building's classification as a Traditional Office and Executive Office space caters to a diverse range of business needs. This property represents a stable and attractive investment prospect due to its complete occupancy and prime location within the Bearden area. The building's single-story design offers convenient access and functionality. The property's strong leasing history and current 100% occupancy rate make it an ideal addition to any commercial real estate portfolio. Interested parties should note the property's size and the lack of currently available space. Further details regarding the property's financial performance and lease agreements are available upon request.
-
Ink+ Iron Collective Tattoo & Piercing Shop
-
PaperMill Center Business Service Center Corporate Office
-
DancingFlix Training Center
-
Marble City Ballroom Training Center
-
2nd Chance & Recovery Freight Service Logistics Company
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.