2001 Chapman Hwy Knoxville, TN 37920-1901
This exceptional commercial land parcel, located at 2001 Chapman Highway in Knoxville, Tennessee (zip code 37920), presents a unique investment opportunity. Situated on a prime corner where Chapman Highway intersects with Sevier Avenue, this single-tenant property boasts unparalleled visibility and accessibility. The 0-acre lot benefits from its strategic location at the gateway to significant new developments in South Knoxville. This translates to high foot traffic and excellent exposure for any commercial venture. The property's proximity to thriving areas further enhances its appeal. Within walking distance, one finds the South Waterfront apartments, the Kerns Bakery development, and a cluster of popular fast-food restaurants, ensuring a constant flow of potential customers. The current land lease rate stands at $2800 per month, offering a strong potential return on investment. This property is ideal for businesses seeking high visibility and a location within a rapidly growing commercial district. The coordinates are 35.953795395083446 latitude and -83.91676923536721 longitude. This is a rare opportunity to secure a foothold in one of Knoxville's most dynamic commercial areas.
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
Similar Nearby for Lease
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.