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Property profile & analytics
FOR LEASE
Outlet malls

737 Lovell Rd Knoxville, TN 37934

22,000 SF 2.81 ac lot Built 1998
Trust Owned 15-yr Hold Free & Clear
Property ID
US80-0194026
Property summary
AI-generated overview

This exceptional 1-acre retail property, located at 737 Lovell Rd in Knoxville, Tennessee (zip code 37934), presents a unique investment opportunity. Zoned CB, this single-tenant pad-ready site offers immediate availability for build-to-suit development or ground lease. Situated in Knox County, the property boasts convenient access and direct road frontage, making it highly visible and easily accessible to customers. The location benefits from a rapidly growing residential market, further enhancing its potential for success. A significant advantage is the soon-to-open new bypass, which will improve traffic flow and accessibility to the site. The property is ideal for a wide range of retail uses. While Tract 2, as shown in some marketing materials, is now under state ownership, this offering focuses solely on the described 1-acre parcel. This prime location offers significant potential for long-term growth and profitability. Serious inquiries are encouraged to explore this compelling opportunity to establish a thriving retail presence in a dynamic Knoxville market. The property's latitude and longitude coordinates are 35.91320414736843 and -84.15192835073906 respectively.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1998
Construction STEEL FRAME
Total area 22,000 SF
Lot 2.81 ac (122,404 SF)
APN 131 00901
UPID US80-0194026
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
  • American Freight Furniture, Mattress, Appliance Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.57M
Blend (final) Blend
$1.56M
Owner & transaction history
Maddox Family Properties Trust · 15 yrs held
Maddox Family Properties Trust
since 2010
7 recorded transactions
2025
Price N/A
2025
Price N/A
2010
Price N/A
1998
$385,000
1997
Price N/A
1996
$320,913
1996
$320,913
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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