Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    428 Scott Ave Knoxville, TN 37917-6362
    Back to Search
    Property profile & analytics

    428 Scott Ave Knoxville, TN 37917-6362


    • Casinos
    • 12,000 SF
    • 0.76 lot acres
    Off-Market
    Last Sale Apr 22, 2022
    $911,360
    Property ID
    US80-0495225
    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
    $905,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Priority Financial Solutions / Consultant
    • Amble Wellbeing / Physician
    • FYVE Realty, LLC / Property Management Company
    • Smartria / (Bike/Boat/Book/etc) Store / Corporate Office
    • All Therapy Staffing / Employment Agency

    Property Details for 428 Scott Ave

    Year built
    1927
    Construction
    METAL FRAME
    Lot size
    0.76 lot acres
    Property size
    12,000 SF
    Property type
    Casinos
    APN
    081LQ01501
    APU
    081LQ01501

    Description

    This exceptional mixed-use investment opportunity in Knoxville, Tennessee's vibrant Old North/Happy Holler district presents two buildings totaling 13,902 square feet on two parcels. The property, comprised of 424 and 428 E Scott Ave, boasts a compelling 7.08% cap rate and an asking price of $2,200,000 ($158.25/sq ft). 424 E Scott Ave is a fully leased 1,902 square foot duplex featuring a large, unfinished basement with dock-high access. 428 E Scott Ave, a fully renovated 12,000 square foot multi-suite office building, is also largely leased, with only two small suites currently available. Both buildings, constructed in 1927 and extensively renovated in 2021, sit on two lots including ample parking accessed via an alley and from E Scott Ave. The property's prime location and strong tenant occupancy make it an attractive investment prospect. Detailed financial pro formas and interior images are available upon request. This unique offering combines historic charm with modern functionality, presenting a rare opportunity in a thriving Knoxville neighborhood.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $890,000
    • Alternative Use

      Use
      Estimation
      CASINO
      $1,155,000
      Current use
      RETAIL STORES
      $1,155,000
      Change: -0% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,095,000
      Change: -5% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.9268
    Latitude
    35.9865
    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
    $7,694
    $0.00
    $0.00
    $207,400
    -
    $199,500
    $319,000
    $518,500
    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