Financial
Distress signals
Property profile

2904 Knoxville Center Dr Knoxville, TN 37924

FOR SALE
Turn key restaurants
Property ID
US80-0574332
3,094 SF 1 ac lot Built 1994
Last sale Sep 2022 · $1,510,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a restaurant space that was previously operated as Don Chuy's. It is located in the Upper East side of Knoxville, Tennessee, with proximity to downtown Knoxville and an Amazon fulfillment center. The site has access to I-640 via Millertown Pike, and the listing cites traffic counts of 79,941 vehicles on I-640 and 18,428 vehicles on Millertown Pike. The surrounding area is described as having a population of 39,375 and an average household income of $80,464. The space is

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$528k
Effective rate3.71%

Value estimate

· Sep 2026
$1.48M
$1.33M – $1.62M
Submarket $/SF estimate$1.63M
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$3k
Operating expenses−$17k
NOI · 3.99% cap applied$52k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$417/SF
Submarket average, outlier-cleaned · 101 recorded sales of this use type
Observed band · Q1–Q3$145 – $685
Qualifying comparables3

Cap rate analysis

How does the asset earn?
3.99%
$52k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKNOX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.6
Building Supply11.8
Law Firm11.4

Location

2904 Knoxville Center Dr Knoxville, TN 37924
County assessor Recorded deeds · 10 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8325 Asheville, Knoxville, TN 37924-4102 $150,000 May 2025 3,416 SF
7101 Asheville, Knoxville, TN 37924-3804 $120,000 Mar 2023 2,374 SF
5402 Rutledge, Knoxville, TN 37924-2757 $1,300,000 Dec 2021 2,669 SF
7407 Strawberry Plns, Knoxville, TN 37924-4310 $1,900,000 Aug 2021 3,379 SF
5708 Asheville, Knoxville, TN 37924-2701 $119,000 May 2021 2,128 SF
8605 Asheville, Knoxville, TN 37924-4108 $150,000 May 2021 2,296 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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