Financial
Distress signals
Property profile

7523 East Lamar Alexander Pkwy Townsend, TN 37882

FOR SALE
Grocery and convenience stores
View Listing
Property ID
US80-2206460
1,864 SF 0.26 ac lot Built 1960
Last sale Apr 2023 · $590,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 7523 E. Lamar Alexander Parkway (Highway 321) in Townsend, Tennessee is a convenience retail storefront historically operated as a single-tenant convenience store. It has direct frontage and access on Highway 321, with a parking-oriented site layout intended to support frequent stop-and-go customer traffic and straightforward vehicle arrival and departure. The location is on a major tourism corridor associated with travel to the Great Smoky Mountains National Park and nearby

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2023$86k
Assessed land$34k
Assessed improvement$52k
Effective rate2.09%

Value estimate

· Sep 2026
$460k
$414k – $506k
AI approach$455k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$1k
Operating expenses−$9k
NOI · 1.26% cap applied$20k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$121/SF
County average, outlier-cleaned · 101 recorded sales of this use type
Observed band · Q1–Q3$58 – $183
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1.26%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-1
The purpose of B-1 zone is to establish to permit a mixture of commercial, public, semipublic, and residential uses
General categoryCOMMERCIAL
JurisdictionBLOUNT

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply8.9
Garden Center8.6
Bakery8.4

Location

7523 East Lamar Alexander Pkwy Townsend, TN 37882
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
209 Wears Vly, Townsend, TN 37882-3307 $1,100,000 Dec 2020 3,360 SF
205 Wears Vly, Townsend, TN 37882-3307 $1,750,000 Oct 2020 3,256 SF
8435 State Hwy 73, Townsend, TN 37882 $550,000 May 2020 2,374 SF
8453 State Hwy 73, Townsend, TN 37882 $185,000 Apr 2020 3,550 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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