1616 Grand Ave Knoxville, TN 37916
Property profile & analytics
1616 Grand Ave Knoxville, TN 37916
- Medical Office Space
- 20,020 SF
- 0.34 lot acres
Property ID
US80-0192823
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- CSL Plasma / Medical Clinic
Property Details for 1616 Grand Ave
- Year built
- 1977
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.34 lot acres
- Property size
- 20,020 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 094ND008
- APU
- 094ND008
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,063,000
- AI Estimate
- $2,063,000
Market price range: $1.99M - $5.57MMarket price range: $1.99M - $5.57M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $4,060,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $3,855,000 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
- -83.934
- Latitude
- 35.9621
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,383
$0.00
$0.00
$760,040
-
$527,100
$1,373,000
$1,900,100
