1812 Broadway AveMaryville, TN 37804

Property Details for 1812 Broadway Ave

Year built

1950

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.25 AC

Property size (Sq ft)

6,520 SF

Zone code

BT

Property type

Retail properties

Property subtype

Retail space

APN

005047G F 00400 001

APU

005047GF00400001

Description

This exceptional Maryville, Tennessee property presents a unique live-work investment opportunity. Located at 1812 E Broadway Ave, this mixed-use complex encompasses 8,334 square feet across two buildings and sits on a 0.36-acre lot. The property includes a 2,184 square foot remodeled home ready for immediate occupancy, and a 3,950 square foot retail/warehouse space featuring a dock-high loading dock. An additional 2,200 square feet of unfinished upper-level space offers significant potential for apartment conversion or expansion. The property is currently vacant, offering a blank canvas for the new owner. Zoned BT Business Transportation, this versatile property is ideally situated less than two miles from the Blount County Courthouse. The asking price is $695,000, translating to $83.39 per square foot. The property consists of three units across two stories and features one loading dock. The property's APN is 047G F 004.00. Ownership is held by Homer Holdings LLC. This is an owner/user investment opportunity with no lease options currently available. The property has no tenant credit rating.

• CAP approach

  CAP return

  Valuation

  6%

  $1,682,016

  6.5%

  $1,552,630

  7%

  $1,441,728

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,204,914

  Geo Method

  $3,204,914

• Alternative Use

  Use

  Valuation

  Residential

  $1,309,702

  Hospitality

  $1,199,680

  Educational

  $998,120

  Medical

  $1,032,446

  Retail

  $1,552,630

Location Insight

City

Maryville

County

Blount

State

Tennessee

Latitude

35.7734

Longitude

-83.9555

CBSA code

28940

CBSA name

KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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