706 S Gay St Knoxville, TN 37902
Property profile & analytics
706 S Gay St Knoxville, TN 37902
- Casinos
- 8,650 SF
- 0.02 lot acres
Property ID
US80-1537714
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.
Location Intelligence
Current Use by Public Records
- Robert J English & Associates / Law Firm
Property Details for 706 S Gay St
- Year built
- 1899
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.02 lot acres
- Property size
- 8,650 SF
- Property type
- Casinos
- APN
- 095IF027
- APU
- 095IF027
Description
This 7,200 square foot commercial property in Knoxville, Tennessee, presents a unique opportunity. Located at 706 S Gay St, in Knox County (zip code 37902), this single-tenant space is ideal for a variety of uses, including retail, office, or restaurant. The building features a 3,600 square foot main level and second story, plus a 3,600 square foot lower basement. Lease rates are $32 per square foot NNN for the first floor, $18 per square foot NNN for the basement, or $30 per square foot NNN if both the first and second floors are leased. The property benefits from high traffic counts, with 28,673 vehicles daily on Henley Street and 10,654 on Summit Hill Drive. Its prime location within the Gay Street Retail Corridor places it near popular destinations such as the Bijou Theater, Tennessee Theater, Hilton Knoxville, Embassy Sweets, Café 4, Chesapeake's, and Market Square. Strong demographics support the location, with populations of 76,138 within 3 miles, 145,677 within 5 miles, and 219,012 within 7 miles. This property offers excellent visibility and accessibility, making it an attractive investment opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,660,000
-
Alternative Use
- Use
- Estimation
- CASINO
- $1,725,000 Current use
- MEDICAL BUILDING
- $1,755,000 Change: +2% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,665,000 Change: -4% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,385,000 Change: -20% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -83.9168
- Latitude
- 35.9633
- 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
$8,406
$0.00
$0.00
$208,600
-
$201,000
$320,500
$521,500
