Top Four Sites to Search for Commercial and Industrial Real Estate in Knoxville, TN

Top four sites to search for commercial and industrial real estate for sale or lease:

KAARCIE is the Knoxville Area Association of Realtors Commercial multiple listing service. If you are looking for the best information that is updated regularly on office, commercial-retail, shopping centers, industrial, multi-family, hospitality, special purpose and vacant land this is a great place to start.

LoopNet, with over 5,000,000 monthly visitors, is the most heavily trafficked commercial real estate website. LoopNet will have most of the properties found on KAARCIE but will also pick up some non-Realtor landlords as well as mom and pops trying to for sell/lease on their own. You can search the same property types as on KAARCIE but will also pick up more investment opportunities.

TVA Sites is focused on bringing jobs (and electrical customers) to our community. Most regional economic development areas and chambers of commerce add their existing office, industrial and vacant land here. Typically the area industrial boards that own public land for economic development don’t post on KAARCIE or LoopNet so if you aren’t using a Realtor and are looking to expand this is another place you need to look.

Mmm, fresh asphalt

Couple of interesting reads from this week.

I’m surprised that the USPS is still in business…
Is Amazon Plotting an Air War on FedEx? – Don Reisinger – Fortune

What’s the future of the 30-second TV commercial?
Why Ruby Tuesday is putting all its chips on social marketing – Yuyu Chen

Sorry if I don’t pick up the phone some times!
The Not-To-Do List: 9 Habits to Stop Now – Tim Ferriss

Yeah but AMC+Carmike still won’t be as awesome as Knoxville based Regal.
U.S. Movie Theater Chains Consolidating Almost as Fast as CRE Brokerage Firms – Tim Trainor – Costar

Get ready for big changes in student housing at UTK.
Student Housing | As off-campus housing changes communities, asset-rich investors vie for the best properties – Sara Patterson – CIRE

Photo: Knoxville friends, the driveway is finally fixed!

Trust, compliments, 39 quick workouts

Thank you

What I’ve been reading recently…

The irrational thing about trust – Seth Godin

How to take a compliment – Derek Sivers

39 Quick Workouts Everyone Needs In Their Daily Routine – Awesome Daily Staff

Industrial CRE Market Study | Part 4: In the Pipeline – NREI – David Bodamer and Robert Carr

Hotels don’t actually appear to be that scared of Airbnb — yet – Washington Post – Lydia DePillis



/now, How is your commute going to change?

/now – If you’re interested in what I’m focused on these days check out my new “now” page, I plan on updating every once and a while. NowNowNow is an initiative of Derek Sivers and is pretty cool, learn more about it here:

Transportation is going to be changing quick –  The Commute of the Future? Ford Is Working on It

Laundry detergent, who would have guessed? Amazon Helped Make This One of the Fastest-Growing E-Commerce Categories Last Year

This is hilarious – Peyton Manning Talks to Brother Eli’s Super Bowl Sad Face

Incredible zero gravity video – OK Go – Upside Down & Inside Out

Absolutely correct – Good Property Managers Can Prosper Whatever the Cycle

That’s me on a billboard on Kingston Pike near Harper Audi. That photo was taken a couple hours earlier after early voting. Who says digital billboards aren’t cool?

Former Knox Auto Parts/Moore’s Lumber on Clinton Highway Sells (Camo Painted Civic Not Included)


6226 Clinton Highway
Knoxville, TN 37912
Submarket: North/Broadway

2015-10-05 10.30.15 HDR

+/-  37,500 square foot building(s)
Land Area (SF): 269,636.40 SF
Land Area (AC): 6.19 AC

Frontage: 465′ on Clinton Highway
Traffic Count: 26,150 AADT
Use: Commercial/Industrial

Sale Price: $1,035,000
Sale Type: Owner/Occupier
Price/SF: $31.33/SF
Price/Land SF: $3.84/SF

Recorded Buyer: Withheld
Recorded Seller: JTT Land Holdings, LLC
Buyer Broker: N/A
Seller Broker: NAI Knoxville – Sam Tate & James Roberson
Occupancy at time of sale: 0%

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

Information Deemed Reliable, But Not Guaranteed

Real Estate News Update

Chipotle Coming to Oak Ridge – News Sentinel Staff, Knoxville News Sentinel
A Chipotle Mexican Grill is locating in a new retail development on South Illinois Avenue that also includes an Aspen Dental office, Great Clips and a Pie Five pizzeria. Read More

The Marble City Kitchen and the Firefly Open at the Hilton – Knoxville Urban Guy
Have you noticed the fuss outside the Hilton? The courtyard which for years has been more or less unattended is suddenly much more attractive, with interesting heavy-duty latticework looming above the space. Stadium-style seating… Read More

Retailers Raise Number of Store Openings Planned for the Next Two Years – Elaine Misonzhnik, NREI
Worries about the fallout from Chinese economic troubles notwithstanding, U.S. chain retailers upped the number of stores they plan to open in the short term, according… Read More

Three Tools to Help with Habits (and One Habit You Can Start Today)

What is one habit that would make you happier and more successful?
Here are four things that can help you get started:
Is the commercial real estate industry ready for how business is changing?

Bob Whetsel on Downtown, Cumberland Avenue and Retirement – Our own Josh Flory interviewed Bob on his recent retirement as the City of Knoxville’s Director of Redevelopment.

Commercial Real Estate News and Other Interesting Reading

James Beard Award-winner Joseph Lenn to open downtown Knoxville restaurant – Mary Constantine, Knoxville News Sentinel

The causes and consequences of China’s market crash – The Economist

Job Numbers: ‘Solid Foundation’ for Rate Hike – Paul Bubny, GlobeSt

‘Why I can’t get a mortgage’ – Stephen Moore, Washington Times

Where apartment construction is hottest – Diana Olick, CNBC

Estoppels – Why? What? How A Red Light Becomes A Green Light – Ira Meislik, Retail Real Estate Law Ruminations

Chinese company opening U.S. headquarters in Knoxville – Ed Marcum, Knoxville News Sentinel

Big Chunk of Land Across from McGhee Tyson Airport Sells

Alcoa Hwy_2844(1)

2844 Alcoa Highway
Alcoa, TN 37701

Alcoa Hwy_2844(2)

Land Area (SF): 514,443.60 SF
Land Area (AC): 11.81 AC
Use: Multi-use Commercial

Frontage: 870′ on Alcoa Hwy
Traffic Count: 52,174 AADT on Alcoa Hwy

Sale Price: $925,000
Sale Type: Development
Price/Acre: $78,323.45/AC
Sale Date: May 27, 2015
Recorded Buyer: Hodge Family Ltd Partnership
Recorded Seller: Waggoner Development Co
Buyer Broker: Coldwell Banker Wallace & Wallace | Dick Bales
Seller Broker: Coldwell Banker Wallace & Wallace | Dick Bales

Zoning: General Business E; Planned Commercial Unit Development – E1 Regulations

Sources: Knox County Register of Deeds Office, Knoxville Area Association of Realtors, Costar, Courthouse Retrieval System, KGIS, TDOT

Information Deemed Reliable, But Not Guaranteed

Real Estate News Update

Blount County Eye Center opens $2.1M facility
Blount County Eye Center on Monday opened a new $2.1 million expanded facility to accommodate the growing father-and-son practice.   KNS

Jewelry TV wants tax deal with Knox County
Jewelry Television wants to make a permanent home in Knox County, and wants the county commission to help by approving a tax deal for a property purchase.   KNS

Peerless Restaurant re-brands to K-town Tavern and will feature 40 craft brews
Within the next seven weeks Knoxville will be saying goodbye to the landmark bull statue that welcomes guests to the Peerless Restaurant, 320 N. Peters Road, and hello to a new sign announcing the opening of K-town Tavern.   KNS

A Tour of and Conversation about the Kern’s Bakery Building
Recently Urban Woman and I were fortunate enough to be invited to join friends Karen, John, Robin and Chris for a tour, just over the Henley Bridge, of the Kern’s Bakery Building with David Dewhirst as our guide. Karen won the tour in the silent auction in June at the Community Design Center event. We all enjoyed the tour – which David graciously extended beyond two hours as he spun stories of development, redevelopment and the general craziness that goes on in a city.   Inside of Knoxville

Former WNOX building to be auctioned
The 16,106-square-foot building is located at 4400 Whittle Springs Road. According to Knox Heritage, WNOX moved its studios to the property in 1955, and it played host to music programs including The Midday Merry-go-Round.   Bricks and Mortar

Alliance Brewing Company Nears Opening Date
The latest business gearing up for a late August opening along this stretch of road is Alliance Brewing Company. The opening has been a long time coming. Head brewer Adam Ingle told me they hatched the plan for the brewery literally years ago and thought it would have long been open before now. Turns out it’s complicated to open any business and probably more so a brewery.   Inside of Knoxville


Another Site on Bearden Hill Sells

Kingston Pike_6508_Barr

6508 Kingston Pike
Knoxville, TN 37919
Submarket: Bearden/Papermill/West Town

Kingston Pike_6508_Barr(2)

+/- 10,964  square foot building
Land Area (SF): 20,083 SF
Land Area (AC): 0.46 AC

Frontage: 120′ on Kingston Pike
Traffic Count:  AADT
Parking spots: approx. 10

Sale Price: $530,000
Sale Type: Investment
Price/SF: $48.34/SF
Price/Land SF: $26.39/SF

Recorded Buyer: Peoples Development Co. Inc.
Recorded Seller: Jean Barr
Buyer Broker: Tony Cappiello | Cappiello Real Estate
Seller Broker: Scott Smith | Volunteer Realty
Occupancy at time of sale: 0%

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

Information Deemed Reliable, But Not Guaranteed

Real Estate News Update

Former Old City costume shop may be razed in favor of new development
The building that housed Big Don the Costumier, once an Old City mainstay and go-to for Halloween and masquerade apparel, may soon come down with a little incentive from the city.    Read More

Roundup of new restaurant offerings
More food options are coming to the 400 block of Gay Street, with Archer’s BBQ announcing it will complete the tenant mix in the J.C. Penney building.    Read More

Del Taco to open 10 restaurants in the area
The Del Taco Mexican quick-service restaurant brand announced today it plans to open 10 locations in the Knoxville area by 2021.    Read More

Blackhorse brewery seeks to expand
Blackhorse Pub & Brewery just marked its second anniversary at Western Plaza, but is already dealing with growing pains that have the owners mulling the possibility of a move.
Read More

Commercial Property Continues to Sell on Kingston Pike

Kingston Pike_10800_Saplings

10800 Kingston Pike
Knoxville, TN 37934
Submarket: Campbell Station/Farragut

+/- 2,324 square foot building
Land Area (SF): 65,340 SF
Land Area (AC): 1.5 AC

Frontage: 230′ on Kingston Pike
Traffic Count: 33,010 AADT
Use: Garden Center

Sale Price: $1,250,000
Sale Type: Investment
Price/SF: $537.87/SF
Price/Land SF: $19.13/SF

Recorded Buyer: Mohinder Sud, trustee & Maharaj Trust
Recorded Seller: Shuler Investments LLC
Buyer Broker: None
Seller Broker: Roger M. Moore, Jr. | Sperry Van Ness/R.M. Moore, LLC
Closing Date: July 2, 2015
Occupancy at time of sale: 100%

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

Information Deemed Reliable, But Not Guaranteed

Real Estate News Update

Urban Land Institute | Oakwood tour set for July 21
An ambitious redevelopment project in North Knoxville will be open for tours on Tuesday evening. The Urban Land Institute is hosting a project tour of Oakwood Senior Living, at 232 E. Churchwell Avenue, from 5 to 7 p.m.   Read More

As downtown grows, support organizations shift efforts
After their youngest daughter moved out of the house two years ago, Robin Thomas and her husband, Chris Crouch, decided they wanted to move from Memphis to a city with a vibrant downtown. Knoxville wasn’t on the list.   Read More

Jeffrey Nash plans office project on Sixth Ave.
A former industrial building near the Standard Knitting Mill has been purchased by developer Jeffrey Nash. The Courtland Group paid $285,000 for the property at 1132 N. Sixth Avenue, according to a deed filed with Knox County.   Read More

‘Serious’ interest shown in developing Andrew Johnson Building
By the time developers are done with the Andrew Johnson Building, Liberace, Betty Grable and Hank Williams Sr. wouldn’t even recognize it. From upscale apartments to a boutique hotel with more than 200 rooms and a spa, seven developers have shared their ideas of what they would do with the now 85-year-old, 18-story former luxury hotel.
Read More

New grocer to locate its second store in Oak Ridge
A new grocery store is opening soon in east Oak Ridge, and it’s only the second one of its type in the nation. Hank’s Grocery is setting up shop in the former Food Lion space in Briarcliff Square off Emory Valley Road, and the grand opening is Aug. 25. Food Lion closed that location last year as part of a reorganization.   Read More