Flex Building with Fenced
For Sale
$660,000
457 Continental Dr, Maryville, TN 37804
The property combines finished office space, a warehouse shop, and covered outdoor storage in a secured yard.
Property Size4,200 SF
Price / SF$157.14
Days on Market8
Property Features for 457 Continental Dr
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Industrial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
13 ft
Warehouse Space
2,400 SF
Office Build-Out
1,800 SF
Drive-In Doors
4
Building Details
Building Size
4,200 SF
Year Built
2013
Listing Agency:
Lee & Associates
Listed By:
Taylor Durand · License #369177
(865) 776-5662
Source:
Lee-associates
Added: Sep 30
Last Checked: Oct 5 at 3:57PM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This 2013 flex property contains approximately 4,200 square feet, divided between 1,800 square feet of finished office space and a 2,400-square-foot shop. Four grade-level doors serve the shop, which has clear heights ranging from 10 to 13 feet. The site also includes a fenced, secured yard with covered outdoor storage.
Located at 457 Continental Dr in Maryville, Tennessee, the property offers a combined office and shop configuration within a single facility.
Located at 457 Continental Dr in Maryville, Tennessee, the property offers a combined office and shop configuration within a single facility.
Key Highlights
- Approximately 4,200 SF total, with 1,800 SF of office and 2,400 SF of shop space
- Four grade‑level doors
- Clear heights of 10’–13’
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,029
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,580
$720.6K
Cap Rate 7%
$514,700
$514.7K
Cap Rate 9%
$400,322
$400.3K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$59.0K $14.04/SF
− Vacancy
−$3.5K −$0.84/SF
EGI
$55.4K $13.20/SF
− OpEx
−$19.4K −$4.62/SF
NOI
$36.0K $8.58/SF
Area
Blount County, TN
Vacancy
6.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,580
Cap Rate 7%
$514,700
Cap Rate 9%
$400,322
Alternative Uses
Best Use
Flex RnD
$514.7K
$450.4K – $600.5K
NOI $36,029 @ 7.0% cap · market cap 5.46%
Second Best
Warehouse
$313.6K
$274.4K – $365.9K
NOI $21,954 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,363 @ 7.0% cap · market cap 17.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
13 ft
Clear height
4
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37804, TN
27,075
Population
10,569
Households
2.6
Avg Household Size
40
Median Age
22%
College-Educated
89%
High-School Grad
34.9 sq mi
ZIP Area
776
Density / Sq Mi
$75,794
Median Household Income
$37,879
Median Earnings
$1,155
Median Rent
$224,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - The property combines finished office space, a warehouse shop, and covered outdoor storage in a secured yard.
Where is this flex space located?
The property is located at 457 Continental Dr Maryville, TN.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Approximately 4,200 SF total, with 1,800 SF of office and 2,400 SF of shop space; Four grade‑level doors; Clear heights of 10’–13’
