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Executive Summary

This property adjoins 600 E Magnolia Ave, of which is also for sale. Both propertys combined make up the block, except for the 45'x145 corner at Randolph and Depot Street, of which could also be purchased. This block is an icon property, HIGHLY VISIABLE, near the new baseball/event facility and has exceptional visiability from I-40 - James W Parkway and Hall of Fame Dr with approximately 135,000 auto count. There is a TIF in place, and the City is very interested in help with this redevelopment. Zoning allows mixed/multi use and multi story.

Property Facts

Price $2,200,000
Price Per SF $86.61
Sale Type Investment
Cap Rate 2.27%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Bar
  • Industrial Distribution
Building Class C
Lot Size 1.17 AC
Rentable Building Area 25,400 SF
No. Stories 2
Year Built 1920
Parking Ratio 1.77/1,000 SF
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes
Zoning DK-W - This is a very favorable zoning for multi-story & use redevelopment. The City is very interested in helping this redevelopment.

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Wholesaler
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

City Electric Supply began in 1983 as a family-owned electrical wholesale business and has grown into a broad network serving customers across the United States. The company focuses on residential, commercial, and industrial electrical supply, with products and services that include wire and cable, lighting, power distribution, generators, EV charging, and branch pickup or local delivery support. City Electric Supply emphasizes local branch autonomy, customer service, and online ordering while maintaining a nationwide presence across numerous branches and states. Recent company materials describe ongoing expansion and continued investment in distribution and service capabilities for professional electrical customers.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Wholesaler - $9.99 Lorem Ipsum Jan 0000
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
095AM-00402
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$316,400
  • Listing ID: 38775034

  • Date on Market: 12/15/2025

  • Last Updated:

  • Address: 305 NE Randolph St, Knoxville, TN 37917

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