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    9700 Kingston Pike Knoxville, TN 37922-3340
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    Property profile & analytics

    9700 Kingston Pike, Knoxville, TN 37922-3340

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    • Strip malls
    • 56,786 SF
    • 5.37 lot acres
    Off-Market
    Last Sale Dec 30, 2021
    $1,161,707
    Property ID
    US80-1893410
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sanctuary Day Spa & Boutique / Alternative Medicine Practice / Spa & Massage Center
    • The Aesthetic Company / Spa & Massage Center / Alternative Medicine Practice
    • Franklin Square / Shopping Center & Mall
    • Allstate Personal Financial Representative: Eric Fiedler / Financial Advisor
    • Hearthside Bank - Loan Production Office / Bank / Credit Union

    Property Details for 9700 Kingston Pike

    Year built
    1986
    Construction
    LIGHT FRAME
    Lot size
    5.37 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    132 02106
    APU
    13202106

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 30, 2021 $1,161,707 Wp Fsq Ground LLC Hr Of Tennessee Corporation Special Warranty Deed $871k · H R Of Tennessee Corporation
    Aug 30, 2018 $50,000 Jay F Mcmahan JR. Maddox,steven K Grant Deed —
    Aug 30, 2018 — Maddox Fam Prop Trust Steven K Maddox Quit Claim Deed · related —
    Aug 30, 2018 $150,000 Steven K Maddox Maddox,gregory W Grant Deed —
    Nov 4, 2015 — Steven K Maddox Maddox Glenn W Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -84.1088
    Latitude
    35.9059
    CBSA code
    28940
    CBSA name
    KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $98,765
    $0.00
    $0.00
    $2,662,405
    -
    $2,008,300
    $4,648,500
    $6,656,800

    Comparable in this City

    • Value Estimation
      $1,470,000
      5,404 SF

      1620 Choto Markets Way

      SHOPPING CENTER, STRIP CENTER
      1620 Choto Markets Way, Knoxville, TN 37922-5760
      View Details
    • Value Estimation
      $1,515,000
      9,636 SF

      10427 Kingston Pike

      SHOPPING CENTER, STRIP CENTER
      10427 Kingston Pike, Knoxville, TN 37922-3226
      View Details
    • Value Estimation
      $2,750,000
      15,400 SF

      10205 Kingston Pike

      SHOPPING CENTER, STRIP CENTER
      10205 Kingston Pike, Knoxville, TN 37922-4608
      View Details
    • Value Estimation
      $2,170,000
      6,502 SF

      10420 Kingston Pike

      SHOPPING CENTER, STRIP CENTER
      10420 Kingston Pike, Knoxville, TN 37922-3191
      View Details
    • Value Estimation
      $3,970,000
      11,900 SF

      9430 Northshore Dr Ste, Unit 101

      SHOPPING CENTER, STRIP CENTER
      9430 Northshore Dr Ste, Knoxville, TN 37922-6699
      View Details
    • Value Estimation
      $2,320,000
      12,044 SF

      12346 Northshore Dr

      SHOPPING CENTER, STRIP CENTER
      12346 Northshore Dr, Knoxville, TN 37922-5439
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Kingston Pike Retail Space Available

      Retail space in a high-traffic shopping center anchored by Home Depot.
      9307 Kingston Pike, Knoxville, TN 37922
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      Knoxville Commercial Property For Sale

      Modern, well-maintained commercial property with high visibility and ample parking.
      120 Suburban Rd, Knoxville, TN 37922
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      17,421 SF

      Class A Office Space

      Class A office space with great visibility and ample parking.
      110-120 Capital Dr, Knoxville, TN 37922
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      Kingston Pike Office Space Available

      Small office space with convenient access to major thoroughfares.
      9725 Kingston Pike, Knoxville, TN 37922
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    • $425,000
      0.41 Acres

      Knoxville Waterfront Land For Sale

      Lakefront lot in Lakecove subdivision with frontage on Fort London Lake.
      1607 Yachtsman Way, Knoxville, TN 37922
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    • Contact for pricing

      Corner Lot on N Peters

      Vacant lot with high visibility and traffic count.
      303 N Peters Rd, Knoxville, TN 37922
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    Similar Nearby for Lease

    • Contact for pricing

      Kingston Pike Retail Space

      Retail space in a high-traffic shopping center.
      9307 Kingston Pike, Knoxville, TN 37922
      View Details
    • Contact for pricing
      1,530 SF

      Retail Space on Kingston Pike

      Retail space available for lease on Kingston Pike.
      9305 Kingston Pike, Knoxville, TN 37922
      View Details
    • Contact for pricing

      West Knoxville Athletic Facility Available

      14,000 SF facility with easy highway access and ample parking.
      10001 Kingston Pike, Knoxville, TN 37922
      View Details
    • Contact for pricing
      4,200 SF

      Retail Space Near Kroger Marketplace

      Retail spaces available near Kroger Marketplace on N Peters Rd.
      309 N Peters Rd, Knoxville, TN 37922
      View Details
    • $19 SF/Yr
      150,000 SF

      Franklin Square Office Suites

      West Knoxville Office Space Available
      9724 Kingston Pike, Knoxville, TN 37922
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space For Rent

      Retail space available for lease in Knoxville, Tennessee.
      9411 N Shr Dr, Knoxville, TN 37922
      View Details
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    Knoxville, TN 37922-3340
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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