Updated Commercial Building in
527 W Lamar Alexander Pkwy, Maryville, TN
Call to check price and availability
Versatile 5,000+ SF space on a high-traffic corridor.
Type:OFFICE
Property size:
5,020 SFLot size:
1.07 AcresPrice / SF:
$278/SF- Added:
- Sep 24, 2025
- Days on Market:
- 242
- Last Refresh:
- Apr 5 at 8:43 pm
Property Features for 527 W Lamar Alexander Pkwy
General Information
- Standard status
- Active
- Size
- 5,020 SF
- Lot size
- 1.07 Acres
- Property subtype
- OFFICE
Listing agent Sara Price (865) 603-3736
Listing office The Price Agency, Realty Executives (865) 603-3736
Listing date Sep 24, 2025
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 The Price Agency, Realty Executives
HighLights
- Prime location in the heart of Maryville City on a high‑traffic corridor (25,000+ daily traffic count).
- 5,000+ SF of versatile space suitable for a range of uses.
- Ample on‑site parking with 37 spaces and multiple in/out accesses.
- Fresh exterior and interior finishes with modern upgrades.
- Flexible layout with conference room, private offices, open work area, and reception area.
- ADA‑compliant and wired for high‑speed fiber internet.
Overview
This updated commercial building is located in the heart of Maryville City, offering over 5,000 square feet of versatile space. Situated on a high-traffic corridor with a daily traffic count exceeding 25,000, the property features fresh exterior and interior finishes, modern LED lighting, and newer LVP flooring throughout. Custom desk solutions, brand new kitchens and bathrooms are among the many upgrades. The main level includes a full kitchen, a large conference room, five private offices, an open work area, a spacious lobby, a reception area, and storage. The property offers excellent visibility, prominent signage options, wide drive aisles, and ample on-site parking with 37 spaces and multiple in and out accesses. It is ADA-compliant and wired for high-speed fiber. The building also provides back-of-house loading access for light distribution or inventory. The zoning and layout support a range of uses, including medical, dental, insurance or financial services, brokerage, design studio, retail showroom, or service-based headquarters.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.00M
NOI $90,360 @ 9.00% cap · cautious / downside scenario
Moderate
$1.29M
NOI $90,360 @ 7.00% cap · market / base-case scenario
Aggressive
$1.81M
NOI $90,360 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $150.6k | $30.00 |
| − Vacancy | −$30.1k | −$6.00 |
| EGI | $120.5k | $24.00 |
| − OpEx | −$30.1k | −$6.00 |
| NOI | $90.4k | $18.00 |
5,020 SF · lease $30.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.29M
$1.13M – $1.51M
NOI $90,360 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,472 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Price & Associates Realtors, ...
Real Estate Agency
Shepard Cindy
Dental Office
Karnes Julie
Dental Office
The Dwight Price Group
Real Estate Agency
Dr. Leon Yount
Dental Office
Location Insight
- Map
- Local Demand
- City
- Maryville
- County
- Blount
- State
- Tennessee
- Longitude
- -83.9781
- Latitude
- 35.7514
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Versatile 5,000+ SF space on a high-traffic corridor.
Where is this office building located?
The property is located at 527 W Lamar Alexander Pkwy Maryville, TN.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime location in the heart of Maryville City on a high‑traffic corridor (25,000+ daily traffic count).; 5,000+ SF of versatile space suitable for a range of uses.; Ample on‑site parking with 37 spaces and multiple in/out accesses.
