Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7255 Oak Rdg Hwy Knoxville, TN 37931-2614
    Back to Search
    Property profile & analytics

    7255 Oak Rdg Hwy, Knoxville, TN 37931-2614

    View on Map
    • Strip malls
    • 5,424 SF
    Off-Market
    Property ID
    US80-1068449
    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.
    Value Estimations
    $580,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gordon's Drug Store / Pharmacy
    • Amazon Counter - Health Mart Pharmacy / Marketing & Advertising / IT Consulting Firm
    • Styles by Strut / Big Box & Wholesale Store
    • UPS Authorized Shipping Provider / Courier Service / Postal Service

    Property Details for 7255 Oak Rdg Hwy

    Year built
    1986
    Construction
    CONCRETE
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    078 19002
    APU
    7819002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $581,000
      Market price range: $328k - $1.81M
      AI Estimate
      $581,000
      Market price range: $328k - $1.81M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $865,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -84.0821
    Latitude
    35.9867
    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
    $2,852
    $0.00
    $0.00
    $183,520
    -
    $294,300
    $164,500
    $458,800

    Comparable in this City

    • Value Estimation
      $4,910,000
      17,240 SF

      6722 Malone Crk Dr

      SHOPPING CENTER, STRIP CENTER
      6722 Malone Crk Dr, Knoxville, TN 37931-3402
      View Details
    • Value Estimation
      $1,160,000
      17,450 SF

      7544 Oak Rdg Hwy

      SHOPPING CENTER, STRIP CENTER
      7544 Oak Rdg Hwy, Knoxville, TN 37931-3347
      View Details
    • Value Estimation
      $1,505,000
      10,300 SF

      7811 Oak Rdg Hwy Ste, Unit 1

      SHOPPING CENTER, STRIP CENTER
      7811 Oak Rdg Hwy Ste, Knoxville, TN 37931-2345
      View Details
    • Value Estimation
      $4,130,000
      39,497 SF

      7220 Oak Rdg Hwy

      SHOPPING CENTER, STRIP CENTER
      7220 Oak Rdg Hwy, Knoxville, TN 37931-2613
      View Details
    • Value Estimation
      $3,190,000
      12,502 SF

      9615 Countryside Ctr Ln

      SHOPPING CENTER, STRIP CENTER
      9615 Countryside Ctr Ln, Knoxville, TN 37931-4765
      View Details
    • Value Estimation
      $3,035,000
      15,762 SF

      7650 Oak Rdg Hwy

      SHOPPING CENTER, STRIP CENTER
      7650 Oak Rdg Hwy, Knoxville, TN 37931-3335
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,000 SF

      New Retail Construction in Knoxville

      New construction retail property with a corporately guaranteed lease.
      6760 Malone Creek Dr, Knoxville, TN 37931
      View Details
    • Contact for pricing
      3,776 SF

      Freestanding Building with Drive-Thru

      3776 SF freestanding building with drive-thru on 1.5 acres.
      7762 Oak Ridge Hwy, Knoxville, TN 37931
      View Details
    • $797,000
      4.01 Acres

      Knoxville Land Rezoned Multi-Family

      4.01 acre Knoxville land rezoned for multi-family development.
      8813 Ball Camp Pike, Knoxville, TN 37931
      View Details
    • $199,900
      0.85 Acres

      Hardin Valley Land Opportunity

      Nearly one-acre lot near Melton Hill Lake.
      4016 Guinn Rd, Knoxville, TN 37931
      View Details
    • Contact for pricing

      Knoxville Flex Warehouse Facility

      281,000 SF flex warehouse with excellent transportation access.
      2530 Westcott Blvd, Knoxville, TN 37931
      View Details
    • Contact for pricing
      1,209 SF

      Turnkey Data Center Condo

      Fully operational data center condo with robust infrastructure and security.
      2575 Willow Point Way, Knoxville, TN 37931
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,100 SF

      Turnkey Vet Clinic Ready

      800 SF vet clinic with equipment in place.
      6722 Malone Creek Dr, Knoxville, TN 37931
      View Details
    • Contact for pricing

      2.17 Acre Land For Lease

      2.17 acre commercial land available for lease.
      3209 Johnson Rd, Knoxville, TN 37931
      View Details
    • Contact for pricing

      Land Parcel for Lease

      Land available for lease in Knoxville, Tennessee.
      7815 Tn-62, Knoxville, TN 37931
      View Details
    • $18 SF/Yr
      59,748 SF

      Modern Office Building in Knoxville

      Modern office building in Hardin Valley with immediate occupancy.
      2401 Cherahala Blvd, Knoxville, TN 37931
      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.
    7255 Oak Rdg Hwy
    Knoxville, TN 37931-2614
    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

    Thank You for Inquiry
    7255 Oak Rdg Hwy, Knoxville, TN, 37931
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!