7209 Chapman Hwy Knoxville, TN 37920
Property profile & analytics
7209 Chapman Hwy Knoxville, TN 37920
- Casinos
- 27,000 SF
Property ID
US80-0185487
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
- Online Development Inc / (Bike/Boat/Book/etc) Store / Corporate Office
- Mays Richard H MD / Pediatrician / Physician
- Abundant Life Family Practice / Medical Clinic
- Softing Inc. / Factory / Industrial Manufacturer
- Morgan Melissa R / Physician
Property Details for 7209 Chapman Hwy
- Year built
- 1970
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Property size
- 27,000 SF
- Property type
- Casinos
- APN
- 137 176
- APU
- 137176
Description
This exceptional two-story, 26,760 square foot executive office building in Knoxville, Tennessee, presents a compelling investment opportunity. Located at 7209 Chapman Hwy, this Class B property boasts a main level of 13,380 square feet and sits on a 0.91-acre lot (APN 137 176). Currently, a portion of the building (5,480 square feet) is leased to Abundant Life Family Practice until December 31, 2024, generating $6,000 per month in net-net-net (NNN) rent. The remaining space, approximately 21,280 square feet, will be vacant on May 1, 2024, offering significant potential for owner-occupancy or further leasing. The building features a rubber roof, three-phase wiring, and ample parking. This property is priced below appraised value, providing a strong return on investment. The asking price is $2,850,000, translating to $110.24 per square foot. The building comprises eight units across two stories, constructed in 1970. A new owner can collect $29,500 NNN per month from closing until May 1st, in addition to the existing $6,000 monthly NNN lease until the end of the year. This is a gross lease, multi-tenant property.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $505,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -83.8513
- Latitude
- 35.9094
- 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
$7,244
$0.00
$0.00
$466,160
-
$590,700
$574,700
$1,165,400
