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1501 Western Ave
Knoxville, TN 37921
Retail Property For Sale
Investment Highlights
- High-visibility corner lot with 217 feet of frontage along Western Avenue.
- Optimal positioning for convenience stores, quick-service restaurants, or other high-traffic retailers.
- Traffic counts of approximately 20,000 AADT on Western Avenue and 157,000 vehicles on I-40.
Executive Summary
1501 Western Avenue in Knoxville, TN, is located on a 0.44-acre parcel within Knox County. The property features one single-story retail building constructed in 1991 with a recorded size of approximately 1,682 square feet. Parcel ID is 094KE-016 under commercial zoning, and its configuration provides corner lot positioning with multiple ingress and egress points. It fronts Western Avenue and offers nearby access to Interstate 40 with major traffic exposure. Surrounding land use includes retail and mixed-use development.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,576 SF
Building Class
C
Year Built
1960
NOI
$725,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.29 AC
Parking
12 Spaces (7.61 Spaces per 1,000 SF Leased)
Frontage
138’ on Western Ave
Property Taxes
| Parcel Number | 094KE-016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $65,800 |
Property Taxes
Parcel Number
094KE-016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$65,800
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