Restaurant with Prime Maryville
For Sale
$1,275,000
501 N Cusick St, Maryville, TN 37804
4,400 SF full-service restaurant in the heart of Maryville.
Property Size4,400 SF
Price / SF$289.77
Days on Market277
Property Features for 501 N Cusick St
General Information
Standard status
Active
Size
4,400 SF
Property subtype
Retail
Building Details
Building Size
4,400 SF
Listing Agency:
SVN I Wood Properties
(951) 401-3343
Listed By:
McKenzie Kramer · License #377171
(951) 401-3343
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 25 at 5:18AM
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 SVN I Wood Properties
Investment Insights
Based on property information with market context.
This 4,400 sq. ft. full-service restaurant features a back room suitable for private events or additional seating. It includes two ADA-compliant restrooms and remaining FF&E such as a buffet bar, three-compartment sink, walk-in cooler and freezer, booth seating, and table tops. A full inventory list is available. The property benefits from excellent visibility due to elevated signage and a marquee letter board. It also offers 30+ parking spaces, a wraparound drive, and dual entrances for seamless access. Located in the heart of Maryville, the site is surrounded by amenities, including the Maryville-Alcoa Greenway, Bicentennial Park, Blount County Public Library, historic Downtown Maryville, the future "Great Lawn" at Midland Plaza, and Maryville College. Positioned on Cusick and South Calderwood, the property benefits from traffic counts exceeding 12,000 cars per day and direct connectivity to the city’s major retail corridor.
Key Highlights
- High traffic location (12,000+ cars/day) with excellent visibility and signage.
- Fully equipped 4,400 sq. ft. restaurant with included FF&E (buffet bar, sinks, cooler, freezer, seating).
- Ample parking (30+ spaces) with wraparound drive and dual entrances for easy access.
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
$67,983
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
5.33%
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%
$1,359,660
$1.4M
Cap Rate 7%
$971,186
$971.2K
Cap Rate 9%
$755,367
$755.4K
Market Conditions
NOI Build-Up for 4,400 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
$101.4K $23.04/SF
− Vacancy
−$4.3K −$0.97/SF
EGI
$97.1K $22.07/SF
− OpEx
−$29.1K −$6.62/SF
NOI
$68.0K $15.45/SF
Area
Blount County, TN
Vacancy
4.20%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
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%
$1,359,660
Cap Rate 7%
$971,186
Cap Rate 9%
$755,367
Alternative Uses
Best Use
Retail
$971.2K
$849.8K – $1.13M
NOI $67,983 @ 7.0% cap · market cap 5.33%
Second Best
Specialty Retail
$862.5K
$754.7K – $1.01M
NOI $60,378 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $124,000 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,668
Businesses Nearby
139k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Groceries 27%
Dining 26%
Beauty & Spa 1%
Kroger
Groceries
37,801 visits/mo
0.5 miles
Kroger Fuel Center
Shops & Services
16,387 visits/mo
0.5 miles
Taco Bell
Dining
13,414 visits/mo
0.2 miles
Wendy's
Dining
13,339 visits/mo
0.2 miles
Advance Auto Parts
Shops & Services
9,442 visits/mo
0.5 miles
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Firehouse Subs Maryville — 419 S Washington St, Maryville, TN 37804
- City Farms Charcuterie — Inside City Farms Wine & Spirits, 157 N Calderwood St, Alcoa, TN 37701
- Deli Fornia — 216 S Rankin Rd, Alcoa, TN 37701
Frequently Asked Questions
What type of property is this?
Restaurant - 4,400 SF full-service restaurant in the heart of Maryville.
Where is this restaurant located?
The property is located at 501 N Cusick St Maryville, TN.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: High traffic location (12,000+ cars/day) with excellent visibility and signage.; Fully equipped 4,400 sq. ft. restaurant with included FF&E (buffet bar, sinks, cooler, freezer, seating).; Ample parking (30+ spaces) with wraparound drive and dual entrances for easy access.
