Loop Road, Knoxville, TN 37934

Commercial property for lease

• Description
• Property is zoned for 103 units, infill location. The location is on the edge of Farragut on the west side of Knoxville, zip codes 37922 & 37934. The site is surrounded by high-end communities with currently more than 350 homes on the market in the area with a median home list price of $465,000. The average home price in the area is $686,877. These values equate to average house payments between $2,600 and $3,600. An apartment complex with rents of $1,300 to $1,800 per month would be an astounding 50% less than what homeowners are paying, with no real estate taxes, insurance, or maintenance.Knoxville:1. Top 20 best cities to start a career2. Top 25 ranked cities for millennials3. #6 best city in America for job growth4. #7 best state in America to do business in (TN)The site is located just off a five-lane road that is being extended to Northshore Drive by the Tennessee Department of Transportation (-/+ 15-20 million dollar road improvement). It is 1.4 miles from a large, new Kroger grocery-anchored retail development, the Post Office, and Farragut Town Center. If you travel another 1.3 miles, you reach Turkey Creek, an $88 million dollar destination retail center. It is also located within the highly touted Farragut school zone, ranked top-10 schools in the state. Building price details: $1,100,000.
• Contact info
• James Rick Gentry

  Avison Young
• Note

• Details Info about this row that located on Loop Road, Knoxville, TN 37934 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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