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Property profile & analytics
OFF-MARKET Estimated value $865,000
Retail space

106 Town Sq Dr Townsend, TN 37882-4051

7,162 SF 1.34 ac lot Built 2003
Individually Owned 12-yr Hold Free & Clear
Property ID
US80-2033036
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Total area 7,162 SF
Lot 1.34 ac (58,370 SF)
Zoning code B-1
APN 005096 06607
UPID US80-2033036
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Little River Outfitters (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$811k
Blend (final) Blend
$865k
Owner & transaction history
Byron B Begley · 12 yrs held
Byron B Begley
since 2014
4 recorded transactions
2014
Price N/A
2003
Price N/A
2002
$212,000
2002
Price N/A
Zoning & alternative use
B-1 · Townsend, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. Freestanding signs in B-1, General Business District are subject to the following standards: a.) Each parcel may be permitted one (1) freestanding sign per parcel, if the parcel is occupied by an enclosed permanent structure greater than eight hundred (800) square feet. b.) No freestanding sign shall exceed one hundred and twenty-eight (128) square feet u…

Zone name General Business
General category COMMERCIAL
Zone area 678.46 ac
Source CHAPTER 2
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