Property profile

405 Merchant Dr Knoxville, TN 37912

OFF-MARKET
Car washes
Property ID
US80-0808372
3,492 SF Built 1989
Entity Owned 28-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,492 SF
APN 068KC00601
UPID US80-0808372

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
  • Car Wash

Location

405 Merchant Dr Knoxville, TN 37912-3802
Knoxville metro Census 4800 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.09M
Blend (final) Blend
$295k

Owner & transaction history

since 1998
3 recorded transactions
2013
Price N/A
1998
$755,000
1988
$330,000

Zoning & alternative use

Top alternative use upside
Medical building $710,000 +26.8%
Neighborhood: shopping center $670,000 +20.5%

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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