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    Property profile & analytics

    264 Peters Rd Knoxville, TN 37923-5203

    • Medical offices
    • 5,120 SF
    OFF-MARKET
    Value Estimation
    $1,535,000
    Last Sale
    Jan 29, 2025
    $1,700,000
    Location Intelligence
    Property ID
    US80-2035974
    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.

    Current Use by Public Records

    • Prestige Cleaners Inc / Clothing Alteration Service / Shoe Repair Shop
    • The Tee Spot / Uniform Store / Commercial Printer
    • First State Finance / Bank / Loan Agency
    • Living Tree Lab / Dentist
    • Cutshaw Dental Lab / Dental Laboratory

    Property Details for 264 Peters Rd

    Year built
    2011
    Property size
    5,120 SF
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    132 03417
    APU
    13203417

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,750,000
      6.5%
      $1,750,000
      7%
      $1,905,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,945,000
      Geo Method
      $1,965,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,555,000
      Retail
      $1,645,000
      Mixed-Use
      $2,030,000
      Hospitality
      $2,050,000
      Educational
      $1,670,000
      Residential Income
      $1,585,000
      Energy
      $1,635,000
      Income-Based Land
      $1,680,000
      Food Service
      $1,795,000

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -84.0784
    Latitude
    35.9086
    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
    2022
    $0.00
    $0.00
    $0.00
    $410,960
    -
    $447,100
    $580,300
    $1,027,400

    Comparable in this City

    • Value Estimation by Request
      22,145 SF

      9320 Park W Blvd

      MEDICAL BUILDING • 22,145 SF
      9320 Park W Blvd, Knoxville, TN 37923-4301
      View Details
    • Value Estimation by Request
      12,600 SF

      9316 Park W Blvd

      MEDICAL BUILDING • 12,600 SF
      9316 Park W Blvd, Knoxville, TN 37923
      View Details
    • Value Estimation by Request
      5,985 SF

      240 Peters Rd

      MEDICAL BUILDING • 5,985 SF
      240 Peters Rd, Knoxville, TN 37923-5226
      View Details
    • Value Estimation by Request
      6,404 SF

      259 Peters Rd Ste, Unit 101

      MEDICAL BUILDING • 6,404 SF
      259 Peters Rd Ste, Knoxville, TN 37923-4923
      View Details
    • Value Estimation by Request
      15,492 SF

      9239 Park W Blvd Ste, Unit 101

      MEDICAL BUILDING • 15,492 SF
      9239 Park W Blvd Ste, Knoxville, TN 37923-4406
      View Details
    • Value Estimation by Request
      25,082 SF

      9016 Cross Park Dr

      MEDICAL BUILDING • 25,082 SF
      9016 Cross Park Dr, Knoxville, TN 37923-4720
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Cleared land with multifamily approval, former 200-unit motel site.
      8623 Walbrook Dr, Knoxville, TN 37923
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      Prime Land in Century Park

      Pad-ready outparcels in Knoxville's first comprehensive office development.
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      West Knoxville Land For Sale

      Land available in a mixed-use area near retail.
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      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      7,755 SF

      Professional Office Space in Knoxville

      Sub-lease available in the heart of Cedar Bluff.
      8930 Cross Park Dr, Knoxville, TN 37923
      View Details
    • $23 SF/Yr
      2,200 SF

      Kingston Pike Office Space Available

      First floor office space with multiple rooms and open area.
      8874 Kingston Pike, Knoxville, TN 37923
      View Details
    • $34 SF/Yr
      3,000 SF

      Professional/Medical Office Center For Rent

      New professional/medical office center with high visibility, available Summer/Fall 2025.
      Dutchtown Rd, Knoxville, TN 37923
      View Details
    • $19 SF/Yr
      52,140 SF

      Stokely Building Executive Suites

      West Knoxville Office Space Available
      320 Cedar Bluff Rd, Knoxville, TN 37923
      View Details
    • $22 SF/Yr
      30,000 SF

      Knoxville Executive Office Suites

      Premium Office Space, Flexible Terms
      200 Prosperity Dr, Knoxville, TN 37923
      View Details
    • $23 SF/Yr
      7,112 SF

      Modern Office Space in Knoxville

      Convenient West Knoxville office space with modern amenities.
      408 N Cedar Bluff Rd, Knoxville, TN 37923
      View Details
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    264 Peters Rd
    Knoxville, TN 37923-5203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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