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Financial
Distress signals
Property profile

5307 North Middlebrook Pike Knoxville, TN 37921

FOR SALE
Turn key restaurants
Property ID
US80-1323486
1,260 SF 0.2 ac lot Built 1920
Last sale Oct 2022 · $375,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This well-established Knoxville restaurant, celebrating its 50th anniversary, is available for purchase at $425,000. Located at 5307 N Middlebrook Pike (37921), this 1,260 square foot retail space boasts a prime location and significant upside potential. Currently operating lunch service only, the new owner can expand to breakfast and/or dinner service to increase revenue. The property includes 52 seats and 20 parking spaces. All fixtures, furniture, and equipment (FF&E) and inventory are…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$60k
Effective rate3.71%

Value estimate

· Oct 2026
$365k
$329k – $402k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 4.97% cap applied$21k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$417/SF
Submarket average, outlier-cleaned · 101 recorded sales of this use type
Observed band · Q1–Q3$145 – $685

Cap rate analysis

How does the asset earn?
4.97%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKNOX

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant16.8
Realty agency16.4
Law Firm15.6

Location

5307 North Middlebrook Pike Knoxville, TN 37921
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6100 Western, Knoxville, TN 37921-2213 $353,000 Mar 2025 960 SF
1500 Cline, Knoxville, TN 37921-6858 $350,000 Sep 2024 1,600 SF
1516 University, Knoxville, TN 37921-4847 $100,000 Apr 2024 1,525 SF
4439 Western, Knoxville, TN 37921-4306 $1,700,000 Jul 2023 1,800 SF
6804 Clinton, Knoxville, TN 37921-1001 $800,000 Dec 2021 1,714 SF
1107 10th, Knoxville, TN 37921-2635 $250,000 Jul 2021 900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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