11321 Kingston Pike Knoxville, TN 37934-2885
- Strip malls
- 9,783 SF
- 1.17 lot acres
Current Use by Public Records
- 35 North Bar & Grill / Restaurant
- Admirals Corner / Corporate Office
- Nappy Wingz / Restaurant
- TEAM Restaurant Management / Restaurant
Property Details for 11321 Kingston Pike
- Year built
- 2020
- Construction
- LIGHT FRAME
- Lot size
- 1.17 lot acres
- Property size
- 9,783 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 142 130
- APU
- 142130
Description
This exceptional retail space, located at 11321 Kingston Pike in Farragut, Tennessee, offers 1,500 square feet of versatile commercial space within a newly constructed (2020) 10,734 square foot power center. Situated at the intersection of Kingston Pike and Campbell Station, this property boasts unparalleled visibility and accessibility, benefiting from exceptionally high daily traffic counts exceeding 18,000 vehicles at Campbell Station and 35,000 on Kingston Pike/Admiral Road. The location is surrounded by a thriving community, with over 35,000 residents within a three-mile radius boasting an average household income of $119,000. The property's proximity to high-performing grade schools, serving 6,073 students within a 1.5-mile radius, further enhances its appeal. The development features a unique design incorporating an open courtyard with amenities such as fire pits and ample group seating, along with an ample parking area. This property is anchored by a taproom/brewery and a covered open-air food truck park, creating a vibrant and attractive destination. The 1.19-acre lot provides ample space, and the single-story building offers easy access and functionality. This is a rare opportunity to establish a business in one of Farragut's most desirable and high-traffic locations. The space is a "vanilla box," ready for tenant build-out. Knox County PID 142130 Alt 43656.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,264,000
- AI Estimate
- $3,264,000
Market price range: $592k - $3.26MMarket price range: $592k - $3.26M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $4,080,000
- APARTMENT HOUSE (5+ UNITS)
- $3,050,000
- MEDICAL BUILDING
- $1,985,000
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Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -84.1601
- Latitude
- 35.8818
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA