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Property profile & analytics
OFF-MARKET Estimated value $980,000
Office Spaces

120 Beals Chapel Rd Lenoir City, TN 37772

8,000 SF 12.2 ac lot Built 1974
Entity Owned 4-yr Hold Free & Clear
Property ID
US80-2796978
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1974
Total area 8,000 SF
Lot 12.2 ac (531,432 SF)
Zoning code R-1
APN 053016 21407
UPID US80-2796978
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.35M
Comparable Approach Comparable
$625k
Blend (final) Blend
$980k
Owner & transaction history
Sethfield LP · 4 yrs held
Sethfield LP
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
R-1 · Lenoir City, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

403. R-1, Low Density Residential District. Within the R-1 District, as shown on the Zoning Map of Lenoir City, Tennessee, the following regulations plus the other applicable provisions of this zoning code shall apply: 1. Permitted uses and structures. a. Single family residences and two-family dwellings. b. Mobile homes provided they comply with Section 11-…

Zone name Low Density Residential District
General category RESIDENTIAL
Zone area 817.56 ac
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