Property profile

3517 Sutherland Ave Knoxville, TN 37919

OFF-MARKET
Auto shops
Property ID
US80-1313217
5,000 SF 0.52 ac lot Built 1940
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.48-acre storefront property at 3517 Sutherland Avenue in Knoxville, Tennessee (zip code 37919) presents a compelling redevelopment opportunity. The asking price is $850,000. The existing building offers flexible space ranging from 936 to 5,000 square feet, ideal for a variety of retail uses. Its prime location on Sutherland Avenue, situated across from the University of Tennessee Knoxville (UTK) RecSports facility, benefits from high visibility and accessibility. This area is experiencing significant growth, with new office, retail, and multifamily developments underway. The property's strategic position between Bearden and Downtown Knoxville provides access to a substantial daytime population of 227,168 within a 5-mile radius. The building itself features a classic "barreled" roof with an open ceiling and impressive truss spans, offering unique architectural character and potential for creative design solutions. This is a rare chance to acquire a property in a thriving Knoxville neighborhood with significant upside potential for investors and developers. The property's size and location make it an attractive prospect for a variety of retail concepts.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,000 SF
Lot 0.52 ac (22,500 SF)
APN 107FE026
UPID US80-1313217

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Production Facility

Location

3517 Sutherland Ave Knoxville, TN 37919-3116
Knoxville metro Census 3700 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$850k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$850k

Owner & transaction history

since 2026
Last sale
$850,000
7 recorded transactions
2026
Price N/A
2026
Price N/A
2024
$850,000
2018
Price N/A
2017
Price N/A
2016
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.2M +53.2%
Medical building $1.0M +26.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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