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Property profile & analytics
OFF-MARKET Estimated value $4,165,000
Strip malls

7430 Chapman Hwy Knoxville, TN 37920-6614

28,000 SF 5.86 ac lot Built 2004
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-1088252
Property summary
AI-generated overview

This exceptional 6,000 square foot retail shopping center, located at 7430 Chapman Highway in Knoxville, Tennessee (zip code 37920), presents a fantastic leasing opportunity. The property is currently fully vacant, offering a unique chance for a single tenant to occupy the entire space or for multiple tenants to lease portions. The minimum leasable space is 1,400 square feet, while the maximum contiguous space available is 3,200 square feet. This allows for flexibility to accommodate a variety of business needs and sizes. The property's prime location on Chapman Highway ensures high visibility and accessibility, benefiting from significant daily traffic volume. The address is easily identifiable and convenient for customers. This is an ideal location for businesses seeking strong foot traffic and exposure in a thriving Knoxville community. The property is categorized as a retail shopping center, offering a versatile space suitable for a wide range of retail uses. Interested parties are encouraged to inquire about lease terms and conditions. The property's latitude and longitude coordinates are 35.909968 and -83.8435659 respectively. This presents a rare opportunity to establish a strong retail presence in a desirable Knoxville location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Construction LIGHT FRAME
Total area 28,000 SF
Lot 5.86 ac (255,262 SF)
APN 137 192
UPID US80-1088252
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.16M
Blend (final) Blend
$4.17M
Owner & transaction history
Chapman Certified Properties · 23 yrs held
Chapman Certified Properties
since 2003
6 recorded transactions
2003
Price N/A
2002
Price N/A
2002
$760,000
2002
$2.1M
1999
$202,500
1999
$337,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $5.7M +5.3%
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