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Property profile & analytics
OFF-MARKET Estimated value $4,385,000
Strip malls

11420 Kingston Pike Knoxville, TN 37934-3931

27,563 SF 4.55 ac lot Built 1970
Individually Owned 20-yr Hold Free & Clear
Property ID
US80-1449706
Property summary
AI-generated overview

This exceptional retail opportunity is located at 11420 Kingston Pike in Farragut, Tennessee, a highly desirable area of Knox County. The property boasts a total of 43,019 square feet, with 3,529 square feet currently vacant and available for lease. Suites range from a minimum of 1,904 square feet to a maximum contiguous space of 3,529 square feet, offering flexibility for various business needs. The property is zoned C-1 Town of Farragut and sits on a 4.4-acre lot, providing ample space and convenient access. Its prime location, one lot from the intersection of Campbell Station and Kingston Pike, ensures high visibility and accessibility for customers. The property features multiple access points, simplifying ingress and egress. Its proximity to I-40 further enhances its strategic location. This retail center benefits from strong demographics, high traffic counts, and excellent visibility. The estimated net rent is $2.50 per square foot, making this a highly affordable option in a prime Farragut location. The property's former use included medical and travel agency space, offering adaptable layouts for various retail or office uses.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 27,563 SF
Lot 4.55 ac (198,198 SF)
APN 142 143
UPID US80-1449706
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
  • Josh Hemphill - State Farm Insurance Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.39M
Blend (final) Blend
$4.39M
Owner & transaction history
Sethfield · 20 yrs held
Sethfield
since 2005
6 recorded transactions
2014
Price N/A
2005
Price N/A
2004
Price N/A
2002
Price N/A
2002
$3.7M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $5.6M +5.3%
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