Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3920 Asheville Hwy Knoxville, TN 37914
    Back to Search
    Property profile & analytics

    3920 Asheville Hwy, Knoxville, TN 37914

    View on Map

    • Turn key restaurants
    • 6,615 SF
    Restaurant/Retail Space For Sale For Sale
    $950,000
    7,729 SF

    Restaurant/Retail Space For Sale

    Versatile commercial space with excellent parking and high visibility.

    3920 Asheville Hwy, Knoxville, TN
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 3920 Asheville Hwy

    Year built
    1979
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    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 estimation — 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
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message