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Property profile & analytics

3920 Asheville Hwy Knoxville, TN 37914

  • Turn key restaurants
  • 6,615 SF
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US80-0025573
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

  • Turn key restaurants

Property Details for 3920 Asheville Hwy

Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size
6,615 SF
Property type
Turn key restaurants
APN
070MK001
APU
070MK001

Description

This exceptional retail property, located at 3920 Asheville Highway in Knox County, offers 7,729 square feet of versatile space, perfect for a variety of uses. Currently available as a single, contiguous unit, the owner is open to dividing the building into two smaller spaces, accommodating tenants with varying needs. The building, constructed in 1979, sits on a 0.8-acre lot (34,848 square feet) and features excellent street frontage and ample parking, ensuring high visibility and convenient access for customers. Its strategic location provides close proximity to both the interstate and the downtown area, maximizing exposure to a large customer base. The property is zoned C-G-2, allowing for a range of retail, restaurant, and potentially brewery options. The building consists of one single-story structure with no elevators. Property taxes are $0.78 per square foot. The cross street is Shelby Street, and the Assessor's Parcel Number (APN) is 149635. This is a rare opportunity to secure a well-located, adaptable retail space with significant potential for growth and success. The total building comprises two suites, with the entire 7,729 square feet currently vacant. This presents a unique chance to establish a thriving business in a high-traffic area.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $960,000
    Market price range: $960k - $4.53M
    AI Estimate
    $960,000
    Market price range: $960k - $4.53M

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


Location Insight

  • Map
  • Local Demand
City
Knoxville
County
Knox
State
Tennessee
Longitude
-83.8762
Latitude
35.9999
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
$5,994
$0.00
$0.00
$161,600
-
$192,000
$212,000
$404,000
More about this property
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