100 East Magnolia Avenue

Knoxville, TN 37917

Greyhound Bus Terminal

Listing ID: 196659
$2,125,000
For Sale
  • Property Type Office : Professional
  • Lot Size Acres 0.850
  • Building Sq Ft 16,000
  • Building Price per Sq Ft $132.81
  • Land Sq Ft 37,026
  • Land Price per Sq Ft $57.39
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Description

Avison Young is pleased to present to qualified investors the opportunity to acquire +/-.85 acres of prime development land at 100 E. Magnolia Avenue and 105 E. Depot Avenue. Prominently situated among an elite set of developments, the property offers access to Interstate 40 and the Hall of Fame connector, allowing exceptional ingress/egress to the property. With superior access and visibility, the site offers developers a distinct location within a growing network of urban developments. This opportunity is for developers looking to bring a unique product to one of the city's fastest growing neighborhoods.

This property is located in an Opportunity Zone.

Please see the attached Offering Memorandum (OM) for more information.???

Offers are due October 15, 2020.???

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population10,25874,835142,055
Population Median Age353436
Population by Age0-9 Yrs687 (6%)8301 (11%)15705 (11%)
10-19 Yrs873 (8%)10985 (14%)17811 (12%)
20-29 Yrs3748 (36%)21534 (28%)33918 (23%)
30-39 Yrs1278 (12%)8225 (10%)17920 (12%)
40-49 Yrs1142 (11%)7073 (9%)15234 (10%)
50-59 Yrs1342 (13%)8087 (10%)16334 (11%)
60-69 Yrs782 (7%)5925 (7%)13535 (9%)
70+ Yrs406 (3%)4705 (6%)11597 (8%)
Median HH Income$22,150$25,990$33,127
Total Household Income< 24K2739 (55%)14565 (48%)22990 (38%)
25-49K928 (18%)7739 (25%)17208 (28%)
50-74K504 (10%)4124 (13%)9597 (15%)
75-99K293 (5%)1627 (5%)4772 (7%)
100-199K383 (7%)1474 (4%)4418 (7%)
200K+101 (2%)411 (1%)1235 (2%)
Highest Education LevelNo Diploma934650211979
Diploma or GED15811288626689
Some College1096899318957
Assoc. Degree27024586031
Bachelors Degree1140523213587
Higher Degree104138409144
Total Housing Units6,03435,14068,823
--Owner-Occupied92910,02026,783
--Renter-Occupied4,01919,92033,437
Owner-Occupied Values< 100K302589911092
100-199K162276611277
200-299K1585912113
300-399K199436957
400-499K4398455
500K+65231889
Total Working Age Population9,16062,965118,671
In Work Force5,64436,66473,732
Not In Work Force3,51626,30144,939
Workforce Employed4,89733,44068,692
Workforce Unemployed7303,1374,940
Civlian Workforce5,62836,57773,632
Military Workforce1687100
Total Households4,94829,94060,220
Family Households1,51613,14629,513
Non-Family Households3,43216,79530,707
Married Couple7276,25216,996
Other Family7896,89412,517
Married w/Child1642,0705,509
Single Male w/Child945901,263
Single Female w/Child3703,2405,536

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Tennessee5,689,283+126,346,105+96,886,369+77,393,069
Knox County382,032+13432,226+10473,996+8513,318

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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