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1641 Downtown West Blvd
Knoxville, TN 37919 Westside

$4,300,000 USD

Self Storage For Sale  •  14,974 SF

Property Details

• Property Type Self Storage
• Total Building Size 39,054 SF
• Lot Size 1.84 AC
• Building Class C
• Year Built 1984
• Cap Rate 6.50 %

30 Transit Score

60 Walk Score

Highlights

Highly affluent population surrounding the facility with over $115k in average household incomes in a 5-mile radius

$100k+ in revenue upside upon completion of roof work and getting 45 down-units back online

Strong population growth projected at 2% in a 1-mile and 1.80% in a 3-mile and 5-mile radius

99% occupancy for the units that are online and available

Desirable West Knoxville sub-market, with ±25,990 VPD passing by the site

No self-storage developments planned within the 5-mile trade area (according to TractIQ)

Financial Summary (Actual)

Net Operating Income: $278,981 USD (2025)

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Downtown West Mini Storage
Extra Space Storage
Self Storage Management System
SmartStop Self Storage

Public Transportation

Airport	Drive	Walk	Distance
McGhee Tyson	28 min	-	14.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes