Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    106 Garwood Ln 104 Maryville, TN 37803

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Commercial land for lease in rapidly growing Maryville, Tennessee.

    Added:
    Nov 25, 2025
    Days on Market:
    127
    Last Refresh:
    Mar 30 at 1:00 am

    Property Features for 106 Garwood Ln 104

    General Information

    Standard status
    Active

    Spaces For Lease

    at 106 Garwood Ln 104 Contact us

    We can help!

    Listing Contact
    Craige Pearson

    Listing agent Craige Pearson

    Listing office

    Listing date Nov 25, 2025

    Source Tscg

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Craige Pearson

    Overview

    Commercial Land in Growing Maryville

    Located in Blount County, Maryville is part of the Knoxville MSA and is recognized as one of East Tennessee’s fastest-growing cities. The area benefits from a strong residential base, well-regarded schools, and its location near the Great Smoky Mountains National Park, supporting both local and tourist activity. Major employers in the city include DENSO Manufacturing, Clayton Homes, and Blount Memorial Hospital. The site at 106 Garwood Lane provides access to U.S. Hwy 321 and is located less than 20 minutes from McGhee Tyson Airport. The surrounding area has experienced increased residential development and commercial interest, making the site suitable for retail, medical, or mixed-use development. The property has direct frontage and access to U.S. Hwy 411, with a traffic volume of 36,860 vehicles per day. The zoning is commercial, and the acreage is adjustable based on use and needs.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maryville
    County
    Blount
    State
    Tennessee
    Longitude
    -84.0035
    Latitude
    35.7224

    Nearby Similar for Lease

    • Contact for pricing

      Flex Space with Warehouse Component

      Office and warehouse space with renovation and expansion potential.
      116 Tennessee St, Maryville, TN 37804
      View Details
    • Contact for pricing

      Office/Flex Space with Warehouse

      Versatile space with office, warehouse, and expansion potential.
      116 Tennessee St, Maryville, TN 37804
      View Details
    • $21/mo

      Medical Office Space For Rent

      Shell space in established medical park, customizable build-out options.
      2020 E Lamar Alexander Parkway, Maryville, TN 37802
      View Details
    • $20/mo

      Premier Shopping Destination in Maryville

      Foothills Mall: Retail, dining, and entertainment destination.
      197 Foothills Mall Drive, Maryville, TN 37801
      View Details
    • $20/mo

      Premier Shopping Destination in Maryville

      Retail spaces available in Foothills Mall, Maryville, Tennessee.
      197 Foothills Mall Drive, Maryville, TN 37801
      View Details
    • $21/mo

      Medical Office Shell Space

      Shell space in multi-tenant medical office complex for rent.
      2020 E Lamar Alexander Parkway, Maryville, TN 37802
      View Details
    • Contact for pricing

      Renovated Office Space with Parking

      Move-in ready office with hardwood floors and convenient parking.
      904 West Lamar Alexander Parkway, Maryville, TN 37801
      View Details
    • Contact for pricing

      Maryville Office Space For Rent

      Professional office space in a convenient, desirable Maryville location.
      503 Lamar St, Maryville, TN
      View Details
    • Contact for pricing

      Executive Office Suite For Lease

      Class A executive office suite available for lease in Maryville.
      118 Parliament Drive, Maryville, TN 37804-6209
      View Details
    • $20/mo

      Versatile Flex Space Available

      Flex space with office and warehouse components for lease.
      116 Tennessee St, Maryville, TN
      View Details
    • Contact for pricing

      Downtown Maryville Retail/Office Space

      Renovated retail/office space in historic downtown Maryville.
      117-131 E. Broadway Ave., Maryville, TN 37801
      View Details
    • $16/mo

      Class A Office Space

      Historic downtown Maryville office space for lease.
      203 S Cusick, Maryville, TN
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land for lease in rapidly growing Maryville, Tennessee.
    Where is this commercial land located?
    The property is located at 106 Garwood Ln 104 Maryville, TN.
    What are key features of this property?
    This property features: Direct frontage and access to U.S. Hwy 411 (36,860 VPD); Located in Maryville, part of the Knoxville MSA and one of East Tennessee’s fastest‑growing cities; Zoned commercial
    (615) 324-5643
    We can help!
    Listing Contact
    Craige Pearson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!