Live-Work Building with Shop
For Sale
Contact for pricing
4427 Us Highway 411 S, Maryville, TN 37801
Finished metal construction combines residential amenities with heated and cooled commercial work space.
Property Size2,400 SF
Price / SF$141.67
Days on Market48
Property Features for 4427 Us Highway 411 S
General Information
Standard status
Active
Size
2,400 SF
Property subtype
INDUSTRIAL
Zoning
RAC
Warehouse & Industrial
Warehouse Space
1,200 SF
Conditioned Warehouse
Yes
Building Details
Buildings
1
Construction
metal building
Listing Agency:
Tim Ivens Real Estate & Development
(865) 310-5394
Listed By:
Tim Ivens
(865) 310-5394
Source:
Moodyscre
Added: Jul 14
Changed: Aug 29
Last Checked: Aug 30 at 1:33PM
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 Tim Ivens Real Estate & Development
Investment Insights
Based on property information with market context.
This 2,400 sq ft finished metal building pairs a residential suite with dedicated commercial workspace. The 1,200 sq ft living area includes an eat-in kitchen, living room, primary bedroom with a spacious primary bath, flex room, second full bath, and laundry area. The separate 1,200 sq ft commercial portion is heated and cooled and has one oversized bay door plus one standard bay door. The layout supports shop, storage, equipment, and business operations within the same structure.
Located at 4427 Us Highway 411 S in Maryville, the property is zoned RAC. It was previously occupied by 411 Machine Inc. and has been owner-occupied and maintained.
Located at 4427 Us Highway 411 S in Maryville, the property is zoned RAC. It was previously occupied by 411 Machine Inc. and has been owner-occupied and maintained.
Key Highlights
- 2,400 sq ft finished metal building with integrated residential and commercial areas
- Residential side measures 1,200 sq ft and includes two full baths, kitchen, living room, flex room, and laundry
- Commercial side provides 1,200 sq ft of heated/cooled workspace
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,060
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$421,200
$421.2K
Cap Rate 7%
$300,857
$300.9K
Cap Rate 9%
$234,000
$234.0K
Market Conditions
NOI Build-Up for 2,400 SF
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.
Gross rent
$37.4K $15.60/SF
− Vacancy
−$3.7K −$1.56/SF
EGI
$33.7K $14.04/SF
− OpEx
−$12.6K −$5.27/SF
NOI
$21.1K $8.77/SF
Area
Blount County, TN
Vacancy
10.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$421,200
Cap Rate 7%
$300,857
Cap Rate 9%
$234,000
Alternative Uses
Best Use
Office B
$617.1K
$540.0K – $720.0K
NOI $43,200 @ 7.0% cap · market cap 12.71%
Second Best
Mixed Use
$300.9K
$263.3K – $351.0K
NOI $21,060 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$966.2K
$845.5K – $1.13M
NOI $67,636 @ 7.0% cap · market cap 19.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 37801, TN
28,822
Population
12,254
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
89%
High-School Grad
69.4 sq mi
ZIP Area
415
Density / Sq Mi
$70,814
Median Household Income
$45,296
Median Earnings
$1,061
Median Rent
$268,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Finished metal construction combines residential amenities with heated and cooled commercial work space.
Where is this live-work space located?
The property is located at 4427 Us Highway 411 S Maryville, TN.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 2,400 sq ft finished metal building with integrated residential and commercial areas; Residential side measures 1,200 sq ft and includes two full baths, kitchen, living room, flex room, and laundry; Commercial side provides 1,200 sq ft of heated/cooled workspace
