Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    742 W Lamar Alexander Pkwy Maryville, TN

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $850,000

    Updated commercial property with high visibility and attached workshop.

    Type:INDUSTRIAL
    Property size:
    2,949 SF
    Lot size:
    0.70 Acres
    Added:
    Aug 11, 2025
    Days on Market:
    234
    Last Refresh:
    Mar 29 at 8:18 pm

    Property Features for 742 W Lamar Alexander Pkwy

    General Information

    Standard status
    Active
    Size
    2,949 SF
    Lot size
    0.70 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Sara Price
    Sara Price

    Listing agent Sara Price

    Listing office The Price Agency, Realty Executives

    Listing date Aug 11, 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

    Overview

    Updated Commercial Property with Garage

    This completely updated commercial property offers exceptional visibility with a high traffic count of 25,000+, making it ideal for a wide range of businesses. The building features multiple private offices, a spacious reception area, a brand new kitchen, an updated bathroom, and flexible open workspaces designed to accommodate both professional and client-facing needs. With an attached workshop garage of 1,102 square feet with 13'11 x 12' garage door clearance, plus a loft area of 425 square feet, the opportunities are endless. Modern upgrades include new flooring, updated lighting, fresh paint, and high-speed internet connectivity. The property, totaling 2,949 square feet, provides ample parking, excellent signage opportunities, and a location in a thriving business corridor. This turn-key building is ready to elevate your business presence. The property is located at 742 W Lamar Alexander Pkwy, Maryville, TN.
    Location Intelligence

    Current Use by Public Records

    JSE Communications Telecommunications Service HughesNet Authorized Retailer ... Telecommunications Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maryville
    County
    Blount
    State
    Tennessee
    Longitude
    -83.9854
    Latitude
    35.7511

    Nearby Similar for Sale

    • $575,000
      2,624 SF

      Maryville Duplex: Turnkey Investment

      Well-maintained duplex in Maryville, offering immediate rental income.
      129/131 Lucy Ln, Maryville, TN 37803
      View Details
    • $700,000

      Maryville Multifamily Investment Opportunity

      2-acre property with 9 occupied mobile homes and one vacant lot.
      943 Turner St, Maryville, TN 37801
      View Details
    • $2,750,000

      50-Acre Land with Two Homes

      Versatile property with mountain views, homes, and development potential.
      4217 Us Highway 411, Maryville, TN 37801
      View Details
    • $249,900

      Downtown Maryville Land For Sale

      Land in downtown Maryville with retail, office, residential potential.
      450 E Church Ave, Maryville, TN 37804
      View Details
    • $625,000
      6,000 SF

      Office Warehouse with Vehicle Access

      Office warehouse with drive-through vehicle access and ample storage.
      225 Doc Norton Rd, Maryville, TN
      View Details
    • $1,400,000
      5,020 SF

      Updated Commercial Building in Maryville

      Versatile 5,000+ SF space on a high-traffic corridor.
      527 W Lamar Alexander Pkwy, Maryville, TN
      View Details
    • $1,275,000
      4,400 SF

      Restaurant with Prime Maryville Location

      4,400 SF full-service restaurant in the heart of Maryville.
      501 N Cusick St, Maryville, TN 37804
      View Details
    • $484,900
      3,100 SF

      Spacious Maryville Condo with Dual Units

      Exceptional 4-bedroom condo with versatile living spaces and rental potential.
      1432 Broad Run Drive, Maryville, TN 37803
      View Details
    • $1,295,000
      6,999 SF

      Maryville Office Building For Sale

      Well-maintained office building with expansion potential in Maryville, Tennessee.
      116 Chantilly Ln, Maryville, TN
      View Details
    • $2,500,000
      12,804 SF

      Maryville Townhouse Units For Sale

      Twelve townhouse units in booming Maryville, Tennessee.
      102 Asbury Way, Maryville, TN 37804
      View Details
    • $749,900
      4,136 SF

      Historic Maryville Property with Potential

      Versatile property in downtown Maryville, suitable for various uses.
      321 High St, Maryville, TN
      View Details
    • $4,500,000

      William Blount Dr Sale Leaseback

      Long term NNN sale leaseback opportunity on William Blount Dr.
      1755 William Blount Dr, Maryville, TN 37801
      View Details

    FAQs

    What type of property is this?
    Industrial property - Updated commercial property with high visibility and attached workshop.
    Where is this industrial property located?
    The property is located at 742 W Lamar Alexander Pkwy Maryville, TN.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: High traffic count (25,000+) for exceptional visibility.; Attached workshop garage (1,102 SF) with loft area (425 SF).; Completely updated/turn‑key condition with new flooring, lighting, and paint.
    (865) 603-3736
    We can help!
    Listing Contact
    Sara Price
    Sara Price
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!