Storage Units top week’s sales at $9.5M - Knox County Register of Deeds

Happy New Year! I hope this first day of 2026 is a great start to the year for you and yours.

During the week of Dec 22-26, 2025, we recorded 1,037 deeds. Not bad for a 3-day work week! New loans recorded as trust deeds accounted for 262 of the documents, with a combined value of $92.61 million. Six of these loans exceeded $1 million. The largest was $6.6 million, backed by UNUM Life Insurance Company of America and Celtic Bank Corporation, which funded a $4.97 million loan. Pinnacle Bank had two loans on the list: one for $4 million and another for $1.29 million. Apex Bank had a loan of $2.1 million, and Intercoastal Mortgage, LLC loaned $1.2 million.

Property transfers accounted for 182 of the documents and totaled $75.93 million. Eight properties were sold for $1 million or more, including two commercial properties.

After just two years of ownership, Market Scott, LLC, sold the property at 1124 N. Broadway to City Shepherds for $2.75 million. The other commercial property is on Western Avenue, just past the former Kroger shopping center. MSC Western, LLC, sold the storage units at 4514 Western Avenue to TNU3528KE, LP for $9.5 million. Storage units seem to be a lucrative investment!

The year-to-date comparison chart has been updated through 12/26/2025:

Start the new year off right—with peace of mind concerning your property deed. We offer a FREE Property Fraud Alert Program for all Knox County property owners. Enrollment is easy; visit https://alertme.knoxrod.org, then follow the prompts to complete the process. You will be notified via email of any documents recorded in the names you have enrolled, allowing for quick action if necessary.

Have a great weekend!

Nick

Nick McBride is the Register of Deeds for Knox County.