Property profile

10345 Lee Hwy Loudon, TN 37774

OFF-MARKET
Office Spaces
Property ID
US80-1802471
2,400 SF 2.71 ac lot Built 2019
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,400-square-foot flex space, situated on a generous 2.71-acre lot in Loudon County, Tennessee, presents a compelling investment opportunity. Built in 2019, the property boasts a prime location at 10345 W Lee Hwy, Loudon, TN 37774, offering excellent road visibility and accessibility. The asking price is $370,000, translating to $154.17 per square foot. The building's versatile design lends itself to a wide array of commercial uses. Its spacious layout, coupled with large garage doors and open areas, makes it ideally suited for businesses such as dog kennels, grooming services, auto repair shops, or small-scale warehousing operations. The expansive lot provides ample room for expansion or future development. This property offers a unique blend of functionality and location, making it an attractive proposition for discerning investors seeking a high-return asset in a thriving Tennessee market. The property's modern construction ensures low maintenance costs and long-term value. Its strategic location in Loudon County provides easy access to major transportation routes and a growing local economy. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location. Don't miss out on this chance to own a piece of Loudon County's vibrant commercial landscape.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2019
Construction FRAME
Total area 2,400 SF
Lot 2.71 ac (118,048 SF)
Zoning code C-1
APN 053056 00900
UPID US80-1802471

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10345 Lee Hwy Loudon, TN 37774-4882
Loudon metro Census 60502 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2023
Last sale
$300,000
4 recorded transactions
2023
Price N/A
2023
$300,000
2022
$300,000
2013
$50,000

Zoning & alternative use

C-1 · Loudon, TN
Zoning description

provision shall not apply to lots located in the C-1, Central Business District. 14-306. REAR YARD ABUTS A PUBLIC STREE T. When the rear yard of a lot abuts a public street, all structures built in that rear yard shall o…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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