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Property profile & analytics
OFF-MARKET Estimated value $2,050,000
Strip malls

6716 Central Ave Pike Knoxville, TN 37912-1425

22,700 SF 1.24 ac lot Built 1996
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US80-1198977
Property summary
AI-generated overview

The Arches, located at 6716 Central Ave Pike in Knoxville, Tennessee (zip code 37912), offers two available office spaces for lease. This Class C property, built in 1996, totals 29,986 square feet and sits on a 1.37-acre lot. The building is a two-story structure with no elevators. The property is zoned C-G-1 and has the APN numbers 057 090 & 057 091. The address is conveniently located near the intersection of Callahan Dr and Central Ave Pike, offering easy access to I-75. The property is categorized as both Traditional and Creative Office space, suitable for a variety of businesses. Ample parking is available on both sides of the building. Two suites are currently available: Suite 8, a former salon, and Suite 16, previously used as administrative offices. All expenses are included in the lease, except for electricity and janitorial services. The property is situated within the Knox submarket and Knox submarket cluster in Knox County.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Construction STEEL FRAME
Total area 22,700 SF
Lot 1.24 ac (54,014 SF)
APN 057 090
UPID US80-1198977
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
  • Family Life Worship Center Church
  • SYNERGY HomeCare Child Health Care Centre Mental Health Service
  • All Pro Healthcare Solutions Home Health Care Service Home Help Service Agency
  • Anthony Slay Farmers Insurance Insurance Agency
  • SYNERGY HomeCare of West Knoxville Home Health Care Service Child Health Care Centre
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$2.05M
Owner & transaction history
Reliance Development LLC · 5 yrs held
Reliance Development LLC
since 2021
Last sale
$1.9M
5 recorded transactions
2021
$1.9M
2019
Price N/A
1994
$275,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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