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    8123 E Lamar Alexander Pkwy Townsend, TN 37882

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    For Lease
    $1,100,000

    4,200 SF building on 1.03 acre parcel for lease.

    Property size:
    4,200 SF
    Lot size:
    1.03 Acres

    Property Features for 8123 E Lamar Alexander Pkwy

    General Information

    Size
    4,200 SF
    Lot size
    1.03 Acres

    Source: LeConte Realty, LLC Agent Harry K. McIntosh, CCIM, ALC

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

    Overview

    Restaurant/Retail Space in Townsend, TN

    The property features a 4,200 SF building situated on a 1.03 acre parcel. Located in Townsend, TN, this former restaurant property offers high visibility with over 200 feet of frontage on E Lamar Alexander Parkway (US 321) and also fronts the 10 mile long Townsend Historical Trail. The site is a blank slate suitable for a restaurant, shop, or other retail establishment. Townsend is a mountain village bordering Great Smoky Mountains National Park. The property is zoned Commercial (B-1), permitting a wide variety of uses. The property is offered for lease AS IS on a NNN basis.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Pharmacy Clothing Store Auto Parts Store Food Market Hotel & Motel Bar & Pub

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

    Similar Places Nearby

    Good Vibes On the River

    Location Insight

    • Map
    • Local Demand
    City
    Townsend
    County
    Blount
    State
    Tennessee
    Longitude
    -83.7349096
    Latitude
    35.6793039

    FAQs

    What type of property is this?
    Restaurant - 4,200 SF building on 1.03 acre parcel for lease.
    Where is this restaurant located?
    The property is located at 8123 E Lamar Alexander Pkwy Townsend, TN.
    What are key features of this property?
    This property features: - Prime location in Townsend, TN, gateway to Great Smoky Mountains National Park.; - High-visibility location with over 200 feet of frontage on E Lamar Alexander Parkway (US 321).; - Large 4,200 SF building on a 1.03 acre parcel.
    (865) 740-9774
    Request Owner's contact information
    8123 E Lamar Alexander Pkwy Townsend, TN 37882
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    Realmo Value Estimation

    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.

    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.

    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
    8123 E Lamar Alexander Pkwy Townsend, TN 37882
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