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    3151 Lamar Alexander Pkwy Friendsville, TN 37737

    Sponsored
    For Sale
    $399,000

    7.83 Acres, C-2 Zoning, Hwy 321

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 7.83-acre commercial land parcel presents a prime development opportunity in Friendsville, Tennessee. Strategically located on Highway 321, the property boasts excellent visibility and convenient access to major roadways. Zoned C-2, this site allows for a wide range of commercial uses, including office buildings, retail spaces, mini-warehouses, or self-storage facilities. Its proximity to Maryville, Alcoa, and Lenoir City, along with its location just 9.5 miles from McGhee Tyson Airport, ensures strong potential for attracting businesses and customers. The asking price is $399,000, translating to $1.25 per square foot. Preliminary engineering work has already been completed for potential development concepts, streamlining the planning process for future projects. The property's APN is 055 09900. This is a rare opportunity to acquire a well-situated, commercially zoned tract of land in a rapidly growing area of Blount County. Don't miss this chance to capitalize on the significant potential of this valuable asset.

    Property Features for 3151 Lamar Alexander Pkwy

    General Information

    Property type
    Land
    Lot Size
    341,075 SF

    HighLights

    • 7.83‑acre commercial land parcel zoned C‑2, ready for development.
    • High‑visibility location on Highway 321.
    • C‑2 zoning allows for diverse commercial uses such as office, retail, and mini‑warehouses.
    • Conveniently located near Maryville, Alcoa, and Lenoir City.
    • 9.5 miles from McGhee Tyson Airport.
    • Preliminary site engineering work completed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Friendsville
    County
    Blount
    State
    Tennessee
    Longitude
    -84.11075
    Latitude
    35.749812

    Nearby Comparable

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      High-Traffic Land Parcel on Parkway

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    • $1,200,000
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      Hwy 321 & S Carver Rd Retail Property

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    FAQs

    What type of property is this?
    Land - 7.83 Acres, C-2 Zoning, Hwy 321
    Where is this land located?
    The property is located at 3151 Lamar Alexander Pkwy Friendsville, TN.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 7.83-acre commercial land parcel zoned C-2, ready for development.; High-visibility location on Highway 321.; C-2 zoning allows for diverse commercial uses such as office, retail, and mini-warehouses.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    3151 Lamar Alexander Pkwy Friendsville, TN 37737
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