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Property profile & analytics
FOR LEASE
Banks

800 Gay St 700 Knoxville, TN 37929

594,455 SF 1.93 ac lot Built 1979
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US80-0573761
Property summary
AI-generated overview

First Horizon Plaza, located at 800 S Gay St, Knoxville, TN 37929, offers prime executive office space in the heart of Downtown Knoxville's business district. This Class A, 455,000 square foot building, constructed in 1979, boasts a prominent location within Knox County's submarket. Multiple tenancy options are available, with spaces ranging from a minimum of 1,212 square feet to a maximum contiguous space of 15,795 square feet. Currently, 60,279 square feet of vacant space is available for lease. The building features fourteen elevators, including high-speed units and a service elevator, ensuring efficient access to all floors. Building amenities include covered parking, a fitness facility, on-site restaurants, and 24-hour security. Enjoy panoramic views of the city from this iconic Knoxville landmark, considered the premier business address. This property provides an unparalleled opportunity for businesses seeking a prestigious and well-equipped office space in a vibrant urban setting.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1979
Construction STEEL FRAME
Total area 594,455 SF
Lot 1.93 ac (84,161 SF)
APN 095ID005
UPID US80-0573761
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
  • Churchill Mortgage Corporation Loan Service Bank
  • Music City Estate Law - Knoxville Law Firm
  • Nestor Law, PLLC Law Firm
  • Merrill Lynch Private Wealth Advisor Reid D Mclaughlin Financial Advisor
  • Shuttleworth Williams, PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$43.22M
Blend (final) Blend
$43.23M
Owner & transaction history
Beit Development LLC · 3 yrs held
Beit Development LLC
since 2022
7 recorded transactions
2022
Price N/A
2022
Price N/A
2020
Price N/A
2010
Price N/A
2008
$2.7M
2008
$26.8M
2008
$161,302
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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