Knoxville  »  37902  »  Old City

120 South Gay Street, Knoxville, TN 37902

Old City, Knox
Building in Old City
5 Stories
Built in 1900
Nearby Active Listings
721 Lippencott St - Photo 1
721 Lippencott St
South Knoxville, Knox
$1,950
|
3 Bed
|
1 Bath
By Patrick Welsh
Welcome to 120 South Gay Street, a building located in Old City, Knox in Knoxville, TN. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1900. Finally, 120 South Gay Street was most recently sold on Dec 31, 1969 for $24,000. The market value for the land that the building sits on has been listed at $109,100. In addition, improvements upon the building have an added value of $205,100. In total, the total market value of the property as a whole is $314,200. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Elevator
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1900
Effective Year Built
1970
Bedroom Count
0
Building Condition
Good
Building Quality
C
Construction Type
Masonry
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
5
Living Units
1
Floor Cover
unknown
Basement Type
Unspecified basement
Basement Area
2,976
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
Exterior non-combustible materials/Interior combustible materials
Property Class
Industrial
Subdivision
COMMERCE CONDO BLDG LAND ONLY
Land Acres
0.015
Standard Land Use Code
Warehouse (industrial)
County Land Use Code
unknown
Legal Description 1
SUBDIVISIONNAME COMMERCE CONDO BLDG LAND ONLY DIMENSION S 24.04 X 134 X IRR
Ownership
Current Owner
ATKINS BRYAN S
Current Owner's Name
COMMERCE GROUP
Previous Owner
COMMERCE GROUP THE
Previous Owner's Name
GWYN CARROLL S
Owner Address - City
KNOXVILLE
Owner Address - State
TN
Owner Address - ZIP Code
37920
Owner Before Previous Owner
COMMERCE GROUP THE
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Knox County School District
Census Tract
000100
Census Block Code
1025
Census Group
1
Census Year
2018
Census - Combined Statistical Area - Area Code
314
Census - Combined Statistical Area - Area Name
Knoxville-Morristown-Sevierville, TN
Census - County FIPS
47093
Census - Full FIPS
470930001001025
Census - Metro Micro Statistical Area - Area Code
28940
Census - Metro Micro Statistical Area - Area Name
Knoxville, TN
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
4740000
Census Source
US Census Bureau
Census State FIPS
47
Census Tract Code
000100
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
4702220
School District - Unified - Name
Knox County School District
Zoning
Geography
Assessors Map Reference
MAP #G
District
CIT
Parcel
094EG042
Lot Code
unknown
Municipality
CITY OF KNOXVILLE
Latitude
35.9683
Longitude
-83.92
FIPS
47093
Mailing Carrier Code
R138
Mailing Full Street Address
2345 BROWN RD
Mailing House Number
2345
Mailing Street Mode
RD
Mailing Street
BROWN
Mailing 4-Digit Zip Code
5623
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2023-11-17 19:25:04
UCID Flag
C
More About The Building
In total, the building area is listed as 17,856 square feet. The depth of the property lot was measured at 1,340 square feet and the front at 240 square feet. The building itself has 17,856 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 120 South Gay Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Old City area have a median price of $1,850. Those in the 25th percentile, have a price around $1,850. While those in the 75th percentile, have a price around $1,850. Typically, the buildings in this area have a median sqft of 605. That means that the median price per sqft is around $3. In other words, the price per sqft for buildings in the 25th percentile is $3. While the price per sqft for buildings in the 75th percentile is $3. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There is currently a single advertised one bedroom listing.
  • There are currently no two bedroom listings being advertised in the area.
  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
120 South Gay Street is located in 37902. There are 2,180 people living here. There are 1,296 households. Most of these households have an average family size of 2.29 people. According to the census, 80% are currently renting while 20% own their homes. The median age of this population is around 31.3 years old. On average, most folks in the zipcode are unmarried. About 7% of folks speak a language other than English in this area. The area's employment rate is currently around 58.2%. Speaking of employment, the median income is $29,438. Most folks will commute by car for around 17.3 minutes. Finally, we know that 18% of residents in the area have graduated with their high school degree. Additionally, 23% and 38% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Knox County, Tennessee has a population of 448,164 people. Based on census records, there are 181,336 registered households. Families in this area are on average made up of 3.03 people per household. Most folks are unmarried. They are also typically around 37.3 years old. Does diversity matter to you? Right now, 6% of folks speak a language other than English here. About 36% rent while 64% purchased their homes. Right now, the community is made up of 26% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 14% have a Master's degree. The employment rate is currently around 60.1%. Those employed, have a median income of $50,366. If you move here, you can expect to commute mostly by car for around 21.8 minutes.

Finally, let's take a look at the stats related to Knoxville, TN Urban Area. The urban area is home to 581,472 people. A total of 234,856 households are registered here. With average family sizes being listed at 3.03 people. About 27% of residents have graduated with a high school degree. Of the rest, 21% have their Bachelor's and 13% have their Master's degree. Folks speaking a language other than English, make up about 7% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 21.8 minutes. Speaking of your commute, 58.4% of people in this area are employed. The recorded median income is currently at $49,644 per year. The median population age has been listed at 38.2 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 36% of the population while homeowners are at about 64% of the population.
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Studio Median Rent
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1BR Median Rent
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2BR Median Rent
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3BR Median Rent
PUBLIC TRANSIT
83
Summit Hill WB at Gay Street (540 ft - 3 min walk)
KAT KNOXVILLE
83
Summit Hill Drive EB Mid block before Central (600 ft - 3 min walk)
KAT KNOXVILLE
83
Summit Hill Dr @ Crown Plaza Out (650 ft - 3 min walk)
KAT KNOXVILLE
83
Gay St NB at Summit Hill Drive (720 ft - 3 min walk)
KAT KNOXVILLE
83
Central Avenue SB at Summit Hill Drive (750 ft - 3 min walk)
KAT KNOXVILLE

Nearby Schools

(within attendance boundary)
Sequoyah Elementary  •  3.5 mi
942 Southgate Rd, Knoxville, TN 37919
Public  •  Elementary  •  Grades PK to 5
Knox County School District
Vine Middle/Magnet  •  0.94 mi
1807 Martin Luther King Jr Ave, Knoxville, TN 37915
Public  •  Middle School  •  Grades 6 to 8
Knox County School District
Austin East High/Magnet  •  2.27 mi
2800 M L King Jr Ave, Knoxville, TN 37914
Public  •  High School  •  Grades 9 to 12
Knox County School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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