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Property profile & analytics
FOR LEASE
Drive through restaurants
405 E Emory Rd, Powell, TN 37849
Individually Owned
1-yr Hold
Free & Clear
Property ID
US80-1926205
For Lease
1 / 37
$790,000
405 E Emory Rd, Powell, TN 37849
View Listing →
Property summary
AI-generated overview
This exceptional 1,909-square-foot retail space, formerly a Krystal restaurant, is available for lease. Located on Emory Road, at exit 112 off I-75, this property benefits from its prime position within the North Knoxville Medical Hub, ensuring high daily traffic counts averaging 25,000 vehicles. The building offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The single-tenant occupancy provides flexibility and control. The area boasts a strong retail presence, with nearby established businesses including Ingles Market, Kroger, Aubrey's, Five Guys, Chick-fil-A, Zaxby's, Cookout, and McDonald's, creating a vibrant and thriving commercial environment. The entire 1,909 square feet is currently vacant and ready for immediate occupancy. This property presents a unique opportunity for businesses seeking high visibility and access to a substantial customer base in a rapidly growing area of Knoxville, Knox County. The property is classified as retail commercial space.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1999
Construction
LIGHT FRAME
Total area
1,909 SF
Lot
1.04 ac (45,302 SF)
APN
047OB002
UPID
US80-1926205
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
-
Krystal Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$790k
Owner & transaction history
State Of Tennessee · 1 yrs held
State Of Tennessee
since 2024
Last sale
$788,400
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Powell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Powell submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$790,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±10% · vs last sale $788k (Jul 15 2024)
Last sale anchor
$788k
Jul 15 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$414 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,072
Tax year 2023
Assessed value
$648,160
Assessed 2023
Previous assessed
$648,160
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$1,006,000
Improvement market value
$614,400
Total market value
$1,620,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
1999
Construction
LIGHT FRAME
Heating
STEAM
Cooling
YES
Stories
1
Units
1
Total area
1,909 SF
Lot
1.04 ac (45,302 SF)
APN
047OB002
UPID
US80-1926205
Jurisdiction
KNOX
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Construction
LIGHT FRAME
Heating
STEAM
Cooling
Yes
Stories
1
Units
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
State Of Tennessee
Individual
Free & Clear · 1 yrs held
Mailing address
7345 PO BOX 52427TH LN, ATLANTA, GA 30355-0427
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2024
$788,400
State Of Tennessee
Willard Scarbro Family LP
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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