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    314 Merchant Dr Ste A Knoxville, TN 37912-3547
    Property profile & analytics

    314 Merchant Dr Ste A, Knoxville, TN 37912-3547

    View on Map

    • Strip malls
    • 78,682 SF
    • 8.15 lot acres
    Off-Market
    Last Sale Jul 13, 2022
    $5,500,000
    Property ID
    US80-1615351
    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.

    Value Estimations
    $5,345,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Subway / Take-out & Catering
    • MARBLE TOBACCO & VAPE 2 L / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
    • Fox Furniture & Bedding / Furniture & Home Goods / Home Decor Store
    • KARM Stores / Discount Store
    • Money Gram International / Bank / Credit Union

    Property Details for 314 Merchant Dr Ste A

    Year built
    1977
    Construction
    LIGHT FRAME
    Lot size
    8.15 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    068LB014
    APU
    068LB014

    Description

    Merchant Village Shopping Center offers exceptional office space in Knox County, Tennessee. This single-story, 81,400 square foot building boasts a prime location at 314 Merchant Road, directly accessible from I-75, and moments from I-640 and I-40. The property is zoned commercial and features four total suites, with flexible space options ranging from a minimum of 1,200 square feet to a maximum contiguous space of 44,000 square feet. The building is undergoing a complete renovation, scheduled for completion in early 2025, ensuring modern and updated facilities for tenants. The property's versatility accommodates various office uses, including traditional, medical, and creative office spaces. Multiple tenancy is available, providing flexibility for businesses of all sizes. An outparcel is also available for ground lease, presenting an additional opportunity for expansion or complementary businesses. This location offers unparalleled convenience and visibility, making it an ideal choice for businesses seeking a high-traffic, easily accessible location. The property is situated near Merchant Drive, further enhancing its accessibility and visibility. The building's single-story design provides easy navigation and accessibility for all tenants and visitors.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,365,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,182,000
      Market price range: $4.76M - $26.3M
      AI Estimate
      $5,182,000
      Market price range: $4.76M - $26.3M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.9735
    Latitude
    36.0082
    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
    2023
    $60,654
    $0.00
    $0.00
    $1,635,040
    -
    $1,477,100
    $2,610,500
    $4,087,600
    More about this property
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