141 Painted Trillium Wy, Townsend, TN
Retail property in Trillium Cove Shopping Village, near Smoky Mountains.
- Added:
- Jul 3, 2024
- Days on Market:
- 711
- Last Refresh:
- May 20 at 9:15 pm
Property Features for 141 Painted Trillium Wy
General Information
- Standard status
- Active
- Size
- 3,128 SF
- Lot size
- 3.65 Acres
- Property subtype
- RETAIL
Listing agent Chad Rochelle (865) 216-6898
Listing office Parkside Realty Services (865) 216-6898
Listing date Jul 3, 2024
Source Moodyscre
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 Parkside Realty Services
HighLights
- Prime location: Less than 2 miles from the Great Smoky Mountains National Park (Cade's Cove entrance).
- Flexible space: Easily divisible into two separate units.
- Potential for immediate income: Owner willing to lease back one unit.
- Low HOA fee: $75/month covers water, mowing, and private septic system maintenance.
- Located in Trillium Cove Shopping Village: Pedestrian‑friendly with connecting sidewalks.
- High traffic area: Adjoins Hwy 321 and the Townsend Walking/Biking paths.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.1k | $23.04 |
| − Vacancy | −$3.0k | −$0.97 |
| EGI | $69.0k | $22.07 |
| − OpEx | −$20.7k | −$6.62 |
| NOI | $48.3k | $15.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Townsend
- County
- Blount
- State
- Tennessee
- Longitude
- -83.7384
- Latitude
- 35.6798