Financial
Distress signals
Property profile

11305 Chapman Hwy Seymour, TN 37865

FOR SALE
Commercial real estate
Property ID
US80-3519887
14,168 SF 1.74 ac lot Built 2003
Last sale Jun 2003 · $3,560,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 14,490-square-foot Walgreens pharmacy, situated on a 1.74-acre lot at 11305 Chapman Hwy, Seymour, TN 37865. The property boasts a strong absolute NNN lease with Walgreens (a tenant rated BBB by S&P), offering a 6.65% cap rate and a substantial net operating income (NOI) of $285,000. The lease, originally commencing December 1, 2003, has a remaining term of approximately four years, with options extending through 2078. The property benefits…

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 · 2021

What does the county charge?
$9k
Tax billed · 2021
Assessed value · 2023$578k
Assessed land$139k
Assessed improvement$439k
Effective rate1.48%

Value estimate

· Sep 2026
$365k
$329k – $402k
CAP approach$2.71M
NOI build-up
Gross scheduled income$259k
Vacancy & credit loss−$8k
Operating expenses−$63k
NOI · 4.40% cap applied$189k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$310/SF
County average, outlier-cleaned · 124 recorded sales of this use type
Observed band · Q1–Q3$176 – $472

Cap rate analysis

How does the asset earn?
4.40%
$189k 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?
C-2
This district is established to create areas for compatible business activities requiring high visibility and accessibility. The regulati...
General categoryCOMMERCIAL
JurisdictionSEVIER

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 Supply19.3
Restaurant16.3
Wholesale Shop15.5

Location

11305 Chapman Hwy Seymour, TN 37865
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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
318 Overlook, Seymour, TN 37865-5534 $665,000 Sep 2023 1,200 SF
13305 Chapman, Seymour, TN 37865-6426 $200,000 Apr 2023 5,000 SF
239 Burnett Sta, Seymour, TN 37865-3023 $975,000 Mar 2022 6,000 SF
Boyds Crk, Seymour, TN 37865 $144,000 Jun 2021 6,600 SF
110 Pitner, Seymour, TN 37865 $55,000 Nov 2020 3,000 SF
Maryville, Seymour, TN 37865 $50,000 Apr 2019 4,500 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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