Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6606 Clinton Hwy Knoxville, TN 37912-1016

    • Medical offices
    • 5,714 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimations
    $1,590,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0185520
    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.

    Current Use by Public Records

    • JENICA LAMAR / Physician
    • KATHERINE BESOLA / Physician
    • Well-Key Urgent Care Knoxville / Medical Clinic
    • JOSEPH MICHAEL ROTHWELL / Physician

    Property Details for 6606 Clinton Hwy

    Year built
    1999
    Construction
    LIGHT FRAME
    Lot size
    1.30 lot acres
    Property size
    5,714 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    067LB012
    APU
    067LB012

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,589,000
      Market price range: $568k - $1.59M
      AI Estimate
      $1,589,000
      Market price range: $568k - $1.59M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,160,000
      Current use
      RESTAURANT
      $2,380,000
      Change: +106% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,100,000
      Change: -5% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -84.0183
    Latitude
    36.0074
    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
    $24,571
    $0.00
    $0.00
    $662,360
    -
    $914,300
    $741,600
    $1,655,900

    Comparable in this City

    • Value Estimation
      $750,000
      4,189 SF

      5412 Clinton Hwy

      MEDICAL BUILDING • 4,189 SF
      5412 Clinton Hwy, Knoxville, TN 37912-3451
      View Details
    • Value Estimation by Request
      2,214 SF

      5317 Clinton Hwy Ste A

      MEDICAL BUILDING • 2,214 SF
      5317 Clinton Hwy Ste A, Knoxville, TN 37912-3867
      View Details
    • Value Estimation by Request
      2,820 SF

      5300 Clinton Plz Dr

      MEDICAL BUILDING • 2,820 SF
      5300 Clinton Plz Dr, Knoxville, TN 37912-3830
      View Details
    • Value Estimation by Request
      2,718 SF

      5202 Schubert Rd

      MEDICAL BUILDING • 2,718 SF
      5202 Schubert Rd, Knoxville, TN 37912-3834
      View Details
    • Value Estimation
      $860,000
      4,608 SF

      100 Tech Ctr Dr

      MEDICAL BUILDING • 4,608 SF
      100 Tech Ctr Dr, Knoxville, TN 37912-2728
      View Details
    • Value Estimation
      $1,735,000
      6,230 SF

      5641 Merchants Ctr Blvd

      MEDICAL BUILDING • 6,230 SF
      5641 Merchants Ctr Blvd, Knoxville, TN 37912-3400
      View Details

    Similar Nearby for Sale

    • $2,422,500
      2.55 Acres

      I-75 & Callahan Dr. Land

      Knoxville Commercial Land, 2.55 Acres
      0 Callahan Dr, Knoxville, TN 37912
      View Details
    • $1,139,940
      8,444 SF

      Fully-Leased Office Building For Sale

      8,444 SF office building, renovated in 2023, fully leased.
      1104 Merchant Dr, Knoxville, TN 37912
      View Details
    • $1,139,940
      8,444 SF

      Knoxville Executive Office Building

      Prime Office Building, 8,444 SF, 5 Units
      1104 Merchant Dr, Knoxville, TN 37912
      View Details
    • $464,900
      1,920 SF

      Leased Office Investment Opportunity

      Single tenant, fully leased office near downtown Knoxville.
      4409-0 Central Avenue Pike, Knoxville, TN 37912
      View Details
    • $499,000
      1.16 Acres

      Americus Village Shopping Center Lease

      Prime Retail Space, 7 Suites Available
      1110 Callahan Dr, Knoxville, TN 37912
      View Details
    • $799,900
      4.38 Acres

      Prime Land on Callahan Drive

      4+ acres in rapidly developing Knoxville commercial zone.
      1342 Callahan Dr, Knoxville, TN 37912
      View Details

    Similar Nearby for Lease

    • $2,750 /Mo
      3,000 SF

      Shared Office Space Available

      Shared office space for lease with utilities and wifi included.
      6704 Watermour Way, Knoxville, TN 37912
      View Details
    • $11 SF/Yr
      8,444 SF

      Prime Knoxville Executive Office Space

      8,444 SF Office Building, 2,098 SF Available
      1104 Merchant Dr, Knoxville, TN 37912
      View Details
    • $9 SF/Yr
      12,000 SF

      Retail Space on Clinton Highway

      Retail space with high visibility and traffic count.
      4313-4315 Clinton Hwy, Knoxville, TN 37912
      View Details
    • $32 SF/Yr
      17,580 SF

      Retail Space on Clinton Highway

      Retail space available April 2026 in high-traffic Knoxville location.
      6631 Clinton Hwy, Knoxville, TN 37912
      View Details
    • $500,000

      Callahan Drive Commercial Land Available

      High-visibility commercial land for lease in Knoxville.
      1710 Callahan Dr, Knoxville, TN 37912
      View Details
    • $6,000 /Mo

      Retail Space Available For Rent

      Retail property available for lease on Clinton Highway.
      5724 Clinton Hwy, Knoxville, TN 37912
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6606 Clinton Hwy
    Knoxville, TN 37912-1016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.