Property profile

1108 Lamar Alexander Pkwy Maryville, TN 37801

OFF-MARKET
Retail properties & Spaces
2,540 SF 1.9 ac lot
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Property summary

AI-generated overview

This exceptional 1.9-acre commercial development site in Maryville, Tennessee, presents a unique investment opportunity. Located at the corner of Lamar Alexander Parkway and Highway 129, this property boasts 264 feet of frontage on Lamar Alexander Parkway, providing excellent visibility and accessibility. The site includes three existing commercial buildings totaling 2,540 square feet, offering immediate income potential or redevelopment options. The property is zoned BT and features APN 005057K A 00400. Its strategic location offers convenient access to key amenities, including Blount Memorial Hospital (1.9 miles), Maryville College (1.5 miles), and McGhee Tyson Airport (10 minutes). The surrounding area benefits from a strong economy, reflected in a median family income of $70,968, and a highly-rated school system ranked among Tennessee's top 10. This property's prime location and existing infrastructure make it ideal for a variety of commercial uses, capitalizing on its proximity to a significant portion of the US population (within 500 miles of 50% of the country). The asking price is $1,900,000, with a price per square foot of $748.03. This is a rare opportunity to acquire a substantial commercial property in a thriving Tennessee community. The address is 1108 W Lamar Alexander Pkwy, Maryville, TN 37801.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,540 SF
Lot 1.9 ac (82,764 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1108 Lamar Alexander Pkwy Maryville, TN 37801
Maryville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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