7700 Tazewell Pike
About This Property
The property sits in the Corryton and Gibbs area with convenient access to Knoxville, Fountain City, and North Knoxville, making it relevant for buyers who are looking beyond a standard residential purchase. The land lends itself to a range of possibilities depending on vision, planning, and local approvals. Being across from the schools adds a practical reference point and underscores the value of the location. This is not a property to view as a polished move-in-ready home; it is a site with potential, frontage, and a strong position in a growing area. For an investor, builder, or buyer with a redevelopment plan, the combination of acreage, road presence, and proximity to established community anchors creates a meaningful opportunity, and it is priced for land value and future potential.
Buyer to verify all information. Square footage, utilities, lot boundaries, and all other pertinent information to be independently verified by buyer/buyer's agent. Info deemed reliable but not guaranteed.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2026 | Listed by Stephenson Realty & Auction | $384,900 | |
| Listed by Stephenson Realty & Auction | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017