1200 Merchant Dr, Knoxville, TN 37912-4707
- Medical Office Space
- 6,080 SF
- 1.11 lot acres
Current Use by Public Records
- PMG Research of Knoxville / Research Institute / Medical Clinic
- Accellacare Research of Knoxville / Research Institute
Property Details for 1200 Merchant Dr
- Year built
- 1959
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.11 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 068NH005
- APU
- 068NH005
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 11, 2022 | — | Nfp Properties LLC | — | Deed · related | $2.3M · First Horizon Bank |
| Jun 26, 2007 | $1,200,000 | Nfp Properties LLC | Lht Knoxville Properties LLC | Special Warranty Deed | $1.2M · First Tennessee Bank NA |
| Apr 15, 1999 | $1,550,000 | Lht Knoxville Properties LLC | St Marys Health System INC | Grant Deed | — |
| — | — | Nfp Properties LLC | — | Loan Modification · related | $1.2M · First Tn Bk |
Description
This exceptional 2,382 square foot office space is ideally situated at 1200 Merchant Drive in Knoxville, Tennessee, zip code 37912. Located in a two-building complex constructed in 1959, this single-tenant space occupies the ground floor of one building, offering convenient access from the rear with dedicated parking. The property is zoned O and has a Knox County APN of 068NH005. The total building square footage is 6,040 square feet, with this suite comprising a significant portion. Currently a blank canvas, this space presents a unique opportunity for customization to perfectly suit your business needs. The layout includes approximately ten individual offices, two bathrooms, and a break room. The property's convenient location offers easy access from the I-75 and I-640 split, with clear directions provided: head north from the split, take the first exit onto Merchant Drive, turn left, proceed through the Clinton Hwy intersection, and turn into the parking lot behind the building marked by an Accellacare sign. This property represents a prime opportunity for businesses seeking a well-located, adaptable office space in Knoxville. The space is ready for a tenant build-out to create the perfect workspace.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,691,000
- AI Estimate
- $1,691,000
Market price range: $604k - $1.69MMarket price range: $604k - $1.69M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,230,000 Current use
- RESTAURANT
- $2,535,000 Change: +106% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,170,000 Change: -5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -83.9839
- Latitude
- 36.002
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
