Chapman Highway Sale Comp


4011/4201 Chapman Highway
Knoxville, TN 37920
Submarket: South Knoxville

+/-   27,602 square foot building(s)
Land Area (SF): 87,077 SF
Land Area (AC):  1.99 AC

Frontage: 336′ on Chapman Highway
Traffic Count:  27,768 AADT
Parking spots: Unknown
Use: Retail/Office

Sale Price: $1,950,000
Sale Type: Investment
Price/SF: $70.65/SF
Price/Land SF: $22.39/SF
Price/Land AC: $979,899.50/AC
Sale Date: March 27, 2015
Recorded Buyer: Dale Cassidy
Recorded Seller: Broadway Investment Co. LLC
Buyer Broker: N/A
Seller Broker: N/A
Occupancy at time of sale: Unknown

Sources: Knox County Register of Deeds Office, Costar, Courthouse Retrieval System, KGIS, TDOT

Information Deemed Reliable, But Not Guaranteed

Real Estate News Update

Cumberland Avenue traffic reduced to two lanes
Traffic was shifted Monday to the south side of the Strip for eight weeks as the Cumberland Avenue Corridor Project began.   Read More

Jackson Terminal Building Renovations Underway
Never formally named, the loading docks at 123 W. Jackson have now been named the Jackson Terminal.   Read More

Utility work set for Island Home Avenue project
Utility work along Island Home Avenue could start as early as next week as Knoxville prepares for road improvements and a new 134-unit apartment building being constructed on the waterfront.   Read More

Simon Property Withdraws $16.8 Billion Offer for Macerich
Simon Property Group Inc. withdrew a $16.8 billion proposal to acquire Macerich Co. after the smaller mall owner rejected the sweetened takeover offer as too low.   Read More

Cheers! Cookie dough shots finding a following
They may never replace Jell-O shots, whiskey shots or espresso shots. But the cookie dough shots at the Roasting Plant coffee shop in downtown Detroit are a hit with customers.   Read More

UT, Strip merchants reach ‘Dining Dollars’ agreement
A new agreement will allow University of Tennessee students and staff to use their VolCard at businesses along the Cumberland Avenue Strip as soon as this summer.
Read More

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s