Property profile

7544 Conner Rd Powell, TN 37849

FOR SALE
Retail properties & Spaces
Property ID
US80-1162728
1.41 ac lot
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Property summary

AI-generated overview

This 1.41-acre commercial lot in Powell, Tennessee, is offered at $950,000. Located at 7544 Conner, this property is zoned C-R-2, allowing for a variety of uses including office and retail development. The land boasts excellent visibility due to its proximity to an interstate and is conveniently located near Tennova Medical Center North, providing high traffic and potential customer base. Some preliminary grading has already been completed, simplifying the development process. The asking price equates to approximately $673,758 per acre. Cash to seller is the preferred sale term. A deed restriction prohibiting hotels or motels will be a condition of sale. This property presents a unique opportunity for investors and developers seeking a strategic location in a thriving commercial district catering to personal and business services, and general retail businesses. The property's APN is 047OB006 and is situated in Knox County, Tennessee, zip code 37849. This prime location offers significant potential for a variety of commercial ventures.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.41 ac (61,420 SF)
UPID US80-1162728

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7544 Conner Rd Powell, TN 37849
Powell metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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