Downtown Sale Comp – Keener Lighting Building

KeenerLighting

701 Worlds Fair Park Drive (corner of W Jackson Ave & Broadway)
Knoxville, TN 37902
Submarket: Downtown Knoxville

+/-29,028 square foot building
Land Area (SF): 18,730.80 SF
Land Area (AC): 0.43 AC

Frontage: 372′ on W Jackson Ave
Traffic Count: 8,233 (2013) – Broadway
Parking spots: Unknown
Use: Commercial/Retail/Apartments

Sale Price: $660,000
Sale Type: Investment
Price/SF: $22.74/SF
Price/Land SF: $35.24/SF
Price/Land AC: $1,534,883.72/AC
Sale Date: January 13, 2015
Recorded Buyer: Twofold Purchase GP
Recorded Seller: Robert A. Keener
Buyer Broker: N/A
Seller Broker: N/A
Occupancy at time of sale: Unknown

Dewhirst, Heinz buy Keener Lighting Building
A pair of Knoxville developers have purchased the former Keener Lighting Co. building on the north edge of downtown Knoxville.  Read More

Sources: Knox County Register of Deeds Office, Costar, Courthouse Retrieval System, KGIS, TDOT
Information Deemed Reliable, But Not Guaranteed

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