7535 Conner Rd Powell, TN 37849
- Turn key restaurants
- 5,873 SF
- 2.14 lot acres
Current Use by Public Records
- Los Braceros Mexican Cantina / Mexican Restaurant
- VACANT / Restaurant
Property Details for 7535 Conner Rd
- Year built
- 1997
- Construction
- LIGHT FRAME
- Lot size
- 2.14 lot acres
- Property size
- 5,873 SF
- Property type
- Turn key restaurants
- APN
- 047OB009
- APU
- 047OB009
Description
This exceptional 5,874 square foot Class A restaurant is available for $2,450,000. Located at 7535 Conner Rd in Powell, Tennessee (zip code 37849), this single-tenant property sits on a 2.14-acre lot and boasts 98 parking spaces. Built in 1997, the one-story building is zoned C-R-2 and offers a turnkey operation, complete with all tables, chairs, bar equipment, kitchen equipment, and flat screens. The property enjoys a high-traffic, high-visibility location just off I-75, making it ideal for a variety of uses, including a brewery, eatery, or even medical facility. The asking price is $442.62 per square foot. Owner financing is available at 5%. The property features a single building and is listed as a retail property with a restaurant subtype. The legal description is APN 047OB009. This is a NNN lease.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,735,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,920,000
- 6.5%
- $1,675,000
- 7%
- $1,815,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,075,000
- Geo Method
- $2,015,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,710,000
- Retail
- $1,545,000
- Mixed-Use
- $2,065,000
- Hospitality
- $1,785,000
- Educational
- $1,590,000
- Residential Income
- $1,980,000
- Energy
- $1,685,000
- Income-Based Land
- $1,910,000
- Food Service
- $2,120,000
Location Insight
- Map
- Local Demand
- City
- Powell
- County
- Knox
- State
- Tennessee
- Longitude
- -83.9995
- Latitude
- 36.0507
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
