1616 Grand Ave Knoxville, TN 37916-1517
This exceptional 20,372 square foot medical office building, located at 1616 Grand Avenue in Knoxville, Tennessee, presents a compelling investment opportunity. Situated in the desirable UT Campus area, this property boasts a strategic location with excellent visibility and accessibility. The asking price is $3,200,000, translating to a price per square foot of $157.08. The building's classification as a medical office ensures its suitability for a range of healthcare practices. Its substantial size offers ample space for expansion or multi-tenant occupancy. The property's address is 1616 Grand Ave, Knoxville, TN 37916. Its precise geographic coordinates are latitude 35.962366210313604 and longitude -83.93380183020481. This presents a rare chance to acquire a well-positioned medical office building in a thriving Knoxville neighborhood. The property's proximity to the University of Tennessee campus adds significant value, providing a large potential patient pool and a strong foundation for long-term growth and profitability. Serious inquiries are encouraged to explore this lucrative investment prospect further. Detailed financial information and property specifics are available upon request.
-
CSL Plasma Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.