355 Gill StAlcoa, TN 37701

Property Details for 355 Gill St

Year built

1964

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.89 AC

Property size (Sq ft)

12,520 SF

Zone code

E

Property type

Retail properties

Property subtype

Retail space

APN

005046M G 00200

APU

005046MG00200

Description

This exceptional commercial property, located at 355 Gill Street in Alcoa, Tennessee, presents a fantastic opportunity for businesses seeking a well-situated office space. The property is classified as retail, office, and restaurant space, currently offering one available unit totaling 2,670 square feet. The building features a traditional office subtype and is suitable for multiple tenants. While the total building square footage is not currently specified, the available space offers significant potential. The property boasts excellent visibility thanks to prominent monument and building signage. Ample parking is available, including additional spaces located at the rear of the building. This location offers convenient access to Downtown Maryville, making it an ideal choice for businesses seeking a blend of accessibility and visibility. The property is situated in Blount County, Tennessee, with a zip code of 37701. The precise latitude and longitude coordinates are 35.76025607, -83.97463753. This is a rare opportunity to secure a well-positioned office space in a thriving area. Inquire today to learn more about this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $3,229,884

  6.5%

  $2,981,431

  7%

  $2,768,472

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,154,221

  Geo Method

  $6,154,221

• Alternative Use

  Use

  Valuation

  Residential

  $2,514,949

  Hospitality

  $2,303,680

  Educational

  $1,916,634

  Medical

  $1,982,550

  Retail

  $2,981,431

Location Insight

City

Alcoa

County

Blount

State

Tennessee

Latitude

35.7599

Longitude

-83.9743

CBSA code

28940

CBSA name

KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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