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Property profile & analytics
OFF-MARKET Estimated value $2,595,000
Drive through restaurants

10916 Parkside Dr Knoxville, TN 37934-1958

3,790 SF 1.01 ac lot Built 2001
Entity Owned Absentee Owner Free & Clear
Property ID
US80-0184980
Property summary
AI-generated overview

This exceptional 3,790-square-foot, freestanding retail building presents a rare investment opportunity in Knoxville, Tennessee's thriving Turkey Creek retail area. Located on a 1.01-acre lot, this Class A property boasts a highly visible hard-corner location with signalized access on Parkside Drive NW, experiencing over 25,700 vehicles daily. Previously occupied by Chick-fil-A, the building features a drive-thru and ample parking for over 40 vehicles. The property is zoned Regional Commercial (C-R-1) by the City of Knoxville. Its strategic outparcel position within the Pavilion of Turkey Creek, a 650,000-square-foot retail center anchored by Walmart, Super Target, and Hobby Lobby, ensures high visibility and significant foot traffic. Built in 2001, this single-story building offers immediate adaptive reuse or redevelopment potential for a variety of QSR or restaurant concepts. The vacant status provides a blank canvas for a new tenant or owner-user to establish a thriving business in this prime location. The property's size, location, and existing infrastructure make it an ideal investment for those seeking a high-traffic, easily accessible commercial space in a well-established retail center. This is a unique opportunity to acquire a highly desirable property in a rapidly growing market.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2001
Construction LIGHT FRAME
Total area 3,790 SF
Lot 1.01 ac (43,996 SF)
APN 131 02914
UPID US80-0184980
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
  • Air-Watch Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.60M
Blend (final) Blend
$2.60M
Owner & transaction history
Fifth Third Bank National Associati
Fifth Third Bank National Associati
since 2025
2 recorded transactions
2025
Price N/A
2018
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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