6811 Maloneyville Rd Corryton, TN 37721
This exceptional 0.79-acre corner lot in Corryton, Tennessee (Knox County, zip code 37721), presents a unique investment opportunity. Located at 6811 Maloneyville Rd, this property boasts two buildings totaling 2,128 square feet, built in 1954 and renovated in 1980. The property features CA zoning, allowing for diverse uses. Currently configured as a multi-unit residential building, it offers significant redevelopment potential. The site's high visibility and location at the intersection of Maloneyville Road and Tazewell Pike ensure high traffic exposure. Previously known as the Maloneyville Market, and with an adjacent building that housed Allison's Market, this property benefits from its established commercial history. The asking price is $334,900, translating to $157.38 per square foot. This property is ideal for owner-users seeking a multi-use space, or developers looking to capitalize on the growing North Knox sector. The property's versatility allows for a range of uses, including but not limited to: day care, gas station, restaurant, apartment building, convenience store, garden center, post office, and retail. This is a rare opportunity to acquire a substantial property in a prime location with significant upside potential. The property's two-story configuration and ample lot size offer considerable flexibility for future development or expansion. No city taxes are levied on this property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.