Financial
Distress signals
Property profile

2456 E Magnolia Ave Knoxville, TN 37917

FOR LEASE
Drive through restaurants
Property ID
US80-0815564
3,062 SF Built 1960
Last sale Sep 2023 · $1,152,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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2456 E Magnolia Ave, Knoxville, TN 37917 For Lease
$1,035,000
2456 E Magnolia Ave, Knoxville, TN 37917
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Property summary

AI-generated overview

A 3,062-square-foot restaurant space designed for food-service use, located on a hard corner at the signalized intersection of E Magnolia Avenue and N Chestnut Street. The space sits approximately one mile from a minor league baseball stadium and a nearby mixed-use district. The premises were formerly operated as a KFC restaurant.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$292k
Effective rate3.71%

Value estimate

· Sep 2026
$1.04M
$932k – $1.14M
Submarket $/SF estimate$905k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$417/SF
Submarket average, outlier-cleaned · 101 recorded sales of this use type
Observed band · Q1–Q3$145 – $685
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKNOX

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.0
Realty agency12.7
Skin Care Clinic10.3

Location

2456 E Magnolia Ave Knoxville, TN 37917
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2085 Broadway, Knoxville, TN 37917-5808 $11,350,000 Feb 2026 2,800 SF
1700 Central, Knoxville, TN 37917-5510 $114,000 Feb 2025 4,356 SF
3814 Broadway, Knoxville, TN 37917-3101 $120,000 Dec 2024 3,094 SF
1922 Magnolia, Knoxville, TN 37917-8024 $700,000 Aug 2024 3,768 SF
926 Cherry, Knoxville, TN 37917-7011 $200,000 Apr 2024 4,000 SF
2119 Magnolia, Knoxville, TN 37917-8130 $450,000 Aug 2023 3,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
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