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    Property profile & analytics

    7052 Lamar Alexander Pkwy Townsend, TN 37882

    • Commercial real estate
    • 1,800 SF
    • 2.00 lot acres
    For Sale
    View listing
    $1,550,000
    Value Estimation
    Last Sale
    Feb 01, 2022
    $955,000
    Location Intelligence
    Property ID
    US80-1437208
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Smoky Mountain Lodge / Lodge / Motel

    Property Details for 7052 Lamar Alexander Pkwy

    Year built
    1950
    Lot size
    2.00 lot acres
    Property size
    1,800 SF
    Zone code
    B-1
    Property type
    Commercial real estate
    APN
    005095 01501
    APU
    509501501

    Description

    This 16-unit apartment building, known as The Trailblazer, presents a compelling investment opportunity in Townsend, Tennessee. Located at 7052 E Lamar Alexander Pkwy, 37882, this multifamily property boasts 8,940 square feet and is situated just eight minutes from the entrance to Great Smoky Mountains National Park. The property underwent a complete renovation in 2023, featuring brand-new kitchenettes, fixtures, and furniture throughout all 16 units, ensuring a modern and comfortable experience for residents. Exterior improvements include updated landscaping and the addition of fire pits and grills. Built in 1972, the building is zoned B-1, offering flexibility in its operation. Currently configured as an apartment building, it also presents the potential for operation as a motel, capitalizing on a market with limited competition and offering a strong potential for increased net operating income. The asking price is $1,550,000, translating to $173.38 per square foot. This turn-key property offers significant capital expenditure improvements and convenient access to major attractions in the area, including Pigeon Forge and Gatlinburg. The property's prime location near the highly popular national park makes it an attractive investment for both short-term and long-term rental strategies.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $925,000
      6.5%
      $1,025,000
      7%
      $1,040,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $820,000
      Geo Method
      $905,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $880,000
      Retail
      $1,010,000
      Mixed-Use
      $1,040,000
      Hospitality
      $885,000
      Educational
      $840,000
      Residential Income
      $800,000
      Energy
      $895,000
      Income-Based Land
      $1,065,000
      Food Service
      $900,000

    Location Insight

    • Map
    • Local Demand
    City
    Townsend
    County
    Blount
    State
    Tennessee
    Longitude
    -83.7893
    Latitude
    35.6813
    CBSA code
    28940
    CBSA name
    KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $3,572
    $125,000
    $253,320
    $378,320
    -
    $312,500
    $633,300
    $945,800

    Comparable in this City

    • Value Estimation by Request
      0.20 Acres

      Hwy 73

      COMMERCIAL (GENERAL) • 0.20 Acres
      Hwy 73, Townsend, TN 37882
      View Details
    • Value Estimation
      $370,000
      3,452 SF

      7018 Lamar Alexander Pkwy

      COMMERCIAL (GENERAL) • 3,452 SF
      7018 Lamar Alexander Pkwy, Townsend, TN 37882-3800
      View Details
    • Value Estimation
      $2,065,000
      20,200 SF

      7945 Lamar Alexander Pkwy

      COMMERCIAL (GENERAL) • 20,200 SF
      7945 Lamar Alexander Pkwy, Townsend, TN 37882-4033
      View Details
    • Value Estimation
      $420,000
      7,720 SF

      7024 Lamar Alexander Pkwy

      COMMERCIAL (GENERAL) • 7,720 SF
      7024 Lamar Alexander Pkwy, Townsend, TN 37882-3800
      View Details
    • Value Estimation by Request
      5.17 Acres

      Boat Gunnel Rd

      COMMERCIAL (GENERAL) • 5.17 Acres
      Boat Gunnel Rd, Townsend, TN 37882
      View Details
    • Value Estimation by Request
      1.00 Acre

      125 Wears Vly Rd

      COMMERCIAL (GENERAL) • 1.00 Acre
      125 Wears Vly Rd, Townsend, TN 37882-4301
      View Details

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    Townsend, TN 37882
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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
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