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Property profile & analytics
OFF-MARKET Estimated value $990,000
Retail space

1222 Gay St Dandridge, TN 37725-4720

7,346 SF 0.06 ac lot Built 2000
Individually Owned 36-yr Hold Absentee Owner Free & Clear
Property ID
US80-1156362
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Total area 7,346 SF
Lot 0.06 ac (2,631 SF)
Zoning code B-1
APN 068N C 00300
UPID US80-1156362
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
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$990k
Owner & transaction history
Historic Dandridge Limited · 36 yrs held
Historic Dandridge Limited
since 1989
1 recorded transaction
1989
$10,000
Zoning & alternative use
B-1 · Dandridge, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

14-407. B -1, Central Business District. It i s the intent of this district to protect the unique characteristics of the downtown that has established this area as the tra ditional town center by encouraging a mixture of business, residential, cultu ral, recreational and services within a compact, pedes trian friendly area. These regulations are designed to…

Zone name Central Business District
General category COMMERCIAL
Zone area 29.29 ac
Source ZONING ORDINANCE
Top alternative use upside
Commercial (general) $1.5M +129.6%
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