2808 Lamar Alexander Pkwy Maryville, TN 37804
- Retail space
- 17,572 SF
- 1.34 lot acres
Current Use by Public Records
- Southern Boom Fireworks / Fireworks Store
Property Details for 2808 Lamar Alexander Pkwy
- Year built
- 1980
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.34 lot acres
- Property size
- 17,572 SF
- Zone code
- BT
- Property type
- Retail space
- APN
- 005058D C 02500
- APU
- 005058DC02500
Description
This exceptional 16,200-square-foot industrial property, located at 2808 E Lamar Alexander Pkwy in Maryville, Tennessee (37804), presents a unique investment opportunity. The building, constructed in 1980, features a two-story design and sits on a 1.34-acre lot (APN: 058DC025). Zoned BT, it offers versatile space suitable for distribution, flex, or R&D uses. The building boasts a showroom and warehouse configuration, with a lower-level warehouse providing drive-in door and dock access, plus a large garage. High ceilings and large open areas offer flexibility for various tenants. The property's history as a well-known grocery store contributes to its high visibility and established presence in East Maryville. Its location benefits from high traffic counts, a planned 150-unit townhome development directly across the street, and proximity to successful businesses and Blount Memorial. Less than five minutes from the gateway to Townsend and the Great Smoky Mountains, this property offers excellent access and visibility. The asking price is $1,349,000, translating to $92.53 per square foot. This is an ideal opportunity for investors seeking a high-traffic location with significant development potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $955,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $680,000
- 6.5%
- $750,000
- 7%
- $670,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $790,000
- Geo Method
- $730,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $770,000
- Retail
- $635,000
- Mixed-Use
- $595,000
- Hospitality
- $795,000
- Educational
- $585,000
- Residential Income
- $725,000
- Energy
- $710,000
- Income-Based Land
- $605,000
- Food Service
- $685,000
Location Insight
- Map
- Local Demand
- City
- Maryville
- County
- Blount
- State
- Tennessee
- Longitude
- -83.9244
- Latitude
- 35.7557
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
