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Property profile & analytics
FOR SALE
Retail space

2960 Miller Place Way Knoxville, TN 37924

7,600 SF 1.12 ac lot Built 2015
Entity Owned ~ Est. High Equity
Property ID
US80-2043171
Property summary
AI-generated overview

This exceptional 2.41-acre commercial lot, located at 2960 Miller Place Way in Knoxville, Tennessee (APN: 059EA00301, zip code 37924), presents a remarkable investment opportunity. Situated in a high-traffic area, this single-tenancy property boasts excellent visibility and accessibility. The lot's strategic location places it in close proximity to established businesses such as Zaxby's, Sam's Club, and Walmart, ensuring high foot traffic and brand recognition. This prime location makes it ideal for a variety of commercial developments, including office complexes, warehouses, or restaurants. The property offers significant potential for developers seeking to capitalize on the thriving Knoxville commercial market. With its generous 2.41 acres of land, this property provides ample space for large-scale projects. The asking price for this exceptional commercial lot is $195,000. This represents a compelling opportunity to acquire a strategically located property with significant development potential in a rapidly growing area of Knoxville. The property is zoned for commercial use (further zoning verification is recommended). Don't miss this chance to secure a prime piece of Knoxville real estate.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2015
Construction LIGHT FRAME
Total area 7,600 SF
Lot 1.12 ac (48,787 SF)
APN 059EA001
UPID US80-2043171
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
  • Visionworks Doctors of Optometry Physician
  • WESLEY CHAMBERLIN Physician
  • Dr. Michelle Anders Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
K P Gagnon Company LLC
K P Gagnon Company LLC
since 2025
Last sale
$4.4M
7 recorded transactions
2025
$4.4M
2022
Price N/A
2021
$11,110
2020
$4.3M
2015
$3.5M
2014
$1.3M
2013
$5.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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