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Property profile & analytics
OFF-MARKET Estimated value $600,000
Medical Office Space

2725 Governor John Sevier Hwy Knoxville, TN 37914-6620

4,186 SF 2.5 ac lot Built 1981
Entity Owned 12-yr Hold Free & Clear
Property ID
US80-3089459
Property summary
AI-generated overview

This exceptional 4,186 square foot Class B medical office building in Knoxville, Tennessee, presents a unique investment opportunity. Located at 2725 E Governor John Sevier Hwy, this single-story property sits on a generous 4.9 acres of land, including 2.5 acres of vacant land, offering significant expansion potential. The building is ideally situated at the entrance/corner of the Forks Of The River Industrial Park, ensuring high visibility and accessibility. Currently configured as a medical office, the space features several exam rooms, a nurses/doctor station, a reception area with a waiting room, a break room, and ample storage. The layout also includes a potential drive-thru, adding to its versatility. Previously used as a financial institution, the building is easily adaptable to other uses, such as general office or retail space. The asking price is $1,100,000, translating to $262.78 per square foot. This property offers a compelling combination of existing medical office space and significant undeveloped land, making it an attractive investment for a variety of uses and future growth. The property's location and adaptability make it a highly desirable asset in the Knoxville market. The 37914 zip code provides easy access to major transportation routes and amenities.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1981
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,186 SF
Lot 2.5 ac (108,900 SF)
APN 097 03301
UPID US80-3089459
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Law Office of Mark S. Wood Law Firm
  • TennesseeDivorces.com a/k/a Law Office of Mark S. Wood Law Firm
  • Three Rivers Medical Physician
  • Teamhealth Occupational Health Medical Clinic
  • Hancock David MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$599k
Blend (final) Blend
$600k
Owner & transaction history
Gwinn Holding Co LLC · 12 yrs held
Gwinn Holding Co LLC
since 2014
2 recorded transactions
2014
Price N/A
2006
$495,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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