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Property profile & analytics

112 Springview Rd Maryville, TN 37801-9118

  • Warehouses
  • 3,200 SF
OFF-MARKET
Last Sale
Jun 15, 2023
$300,000
Value Estimations
$240,000
Show details
Cap Rate Potential
7.2%
Warehouses
Location Intelligence
Property ID
US80-2080200
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

  • Warehouses

Property Details for 112 Springview Rd

Year built
2002
Construction
FRAME
Property size
3,200 SF
Zone code
R-1
Property type
Warehouses
APN
005089 10900 001
APU
508910900001

Description

This exceptional Maryville, Tennessee property offers a unique blend of office and warehouse space, ideal for an owner-user seeking a versatile and strategically located business headquarters. Priced at $799,000, this 7,516 square foot complex sits on a generous 2.6-acre lot, providing ample room for expansion and future growth. The main office building, a beautifully converted home, boasts 3,836 square feet of meticulously maintained space. The upper level features two executive offices, a large open workspace, a central area perfect for additional desks or order fulfillment, two restrooms, a full kitchen, and ample storage. The lower level, accessible via a separate entrance and driveway, offers 1,470 square feet with a kitchen, two bedrooms, and one bathroom – easily adaptable for additional office space or rental income. New windows throughout enhance natural light and energy efficiency. A substantial 3,200 square foot warehouse, complete with 3-phase electric, a fixed gantry crane, four 10-foot doors, a 12-foot peak, heating, cooling, and a bathroom, offers significant storage and operational capabilities. Expansion potential exists with the addition of two more warehouse bays. A separate garage provides additional vehicle or storage space. The property features a convenient pull-through driveway accommodating semi-trucks, a large parking lot, and high-privacy fencing for enhanced security. Boasting 262 feet of road frontage on Highway 411 South (a four-lane highway with high traffic counts) and 502 feet on North Springview Road, this corner lot offers exceptional visibility and accessibility. Three meters service the property. Located just 3.9 miles from the city limits, this property avoids city property taxes, with current annual property taxes at $2,400. The zoning is RAC, and there's potential for additional acreage acquisition. This is a rare opportunity to combine prime office space, substantial warehouse capacity, and residential potential in a highly desirable location. Owner financing is available. An appraisal valued the property significantly higher, indicating immediate equity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $235,000
    ML approach
    $275,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $280,000
    6.5%
    $255,000
    7%
    $240,000
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $205,000
    Current use
    AUTO REPAIR, GARAGE
    $375,000
    Change: +81% Conversion: Easy
    RETAIL STORES
    $290,000
    Change: +40% Conversion: Moderate

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Maryville
County
Blount
State
Tennessee
Longitude
-84.0764
Latitude
35.6791
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
$1,142
$0.00
$38,200
$38,200
-
$0.00
$95,500
$95,500
More about this property
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