1200 Ladd Landing Blvd Kingston, TN 37763
- Office Properties & Spaces
- 8,300 SF
- 3.00 lot acres
Current Use by Public Records
- Flatrock Entertainment Group / Sports Complex
Property Details for 1200 Ladd Landing Blvd
- Year built
- 2017
- Lot size
- 3.00 lot acres
- Property size
- 8,300 SF
- Property type
- Office Properties & Spaces
- APN
- 073047 03315
- APU
- 7304703315
Description
This exceptional 7,586 square foot mixed-use property, situated on 3 acres in Kingston, Tennessee, presents a unique investment opportunity. The Class A building boasts ample space, perfect for a variety of uses including restaurants, event venues, churches, or office spaces. The impressive interior features a spacious ballroom with an elevated stage, capable of accommodating up to 225 guests, along with convenient dressing rooms and an additional banquet room. The property's significant outdoor area offers stunning views of Watts Bar Lake, providing a picturesque setting for events or simply enjoying the serene environment. Abundant parking is available for guests and patrons. The strategic location offers easy access to Interstate 40, less than 5 minutes away, ensuring excellent visibility and convenient access for customers and employees. The total occupancy for the building is 408. Flexible purchasing options are available, including a lease-to-own agreement, making this property accessible to a wide range of potential buyers. This versatile property is ideal for entrepreneurs seeking a prime location with significant potential for growth and success. The property's combination of indoor and outdoor space, coupled with its convenient location and stunning lake views, makes it a truly exceptional opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,920,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,460,000
- 6.5%
- $1,460,000
- 7%
- $1,510,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,570,000
- Geo Method
- $1,680,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,350,000
- Retail
- $1,440,000
- Mixed-Use
- $1,315,000
- Hospitality
- $1,345,000
- Educational
- $1,670,000
- Residential Income
- $1,600,000
- Energy
- $1,790,000
- Income-Based Land
- $1,525,000
- Food Service
- $1,500,000
Location Insight
- Map
- Local Demand
- City
- Kingston
- County
- Roane
- State
- Tennessee
- Longitude
- -84.4923
- Latitude
- 35.8831
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA